required information about tax planning f

Forums Tax Planning required information about tax planning f

required information about tax planning f

my package is 9 Lacks per anuum. I have declare 340000 as home loan repayment , 100000 as child education , 91000 as PF. What will my tax slave.

Profile photo of Ravi Singh Asked By: Ravi Singh 1 replies 0 helpful answers Last Updated: 6 months, 1 week ago
  • Profile photo of Ravi SinghRavi Singh
    Participant

    my package is 9 Lacks per anuum. I have declare 340000 as home loan repayment , 100000 as child education , 91000 as PF. What will my tax slave.

  • Profile photo of Chetan ChandakChetan Chandak
    Moderator

    You can get maximum tax deduction u/s 80C of Rs. 1.5 lakh against repayment of housing  loan, children tuition fees, PF, etc.

    If the amount of housing loan repayment is inclusive of interest component then you can claim an additional deduction of Rs. 2 lakh u/s.24

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