Normally, most of us have this understanding that whatever HRA amount we receive as part of our salary is the maximum amount that is considered for tax rebate under HRA. This is NOT correct though. Read on to get the details.
You can reduce your tax burden by wisely using partially taxable allowances, suggests Bindisha Sarang.
The wise pay their taxes on time and plan for it before time. That does not mean one has to necessarily go through the big fat books on taxes! Knowing a couple of hacks for saving tax can have it sorted for you.
Ensure the employer has all relevant documents. Else, your pay will take a serious hit in the next two months.
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