How to save the tax amount

Discussion in 'Tax planning' started by jamesh, Feb 26, 2014.

  1. jamesh

    jamesh Member

    This was my husbands first months salary & a tax of 5000 has been deducted under the head income tax & 200 as Professional Tax.I would like to save this amount from deduction.His salary breakup is under Basic 30000,HRA 11400,AGP 8000,DA 58%,Transport 3200. We live in a rented a house.Please tell me where to invest & the amount that can be invested in each head to save this tax of 5K.

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