These 10 options included in salary can save tax, reduction in tax burden will increase takehome salary

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These 10 options included in salary can save tax, reduction in tax burden will increase takehome salary

Kalicharan, Web4Study, New Delhi, Updated Mon, 06 Jul 2020 06:21 AM IST

If you are employed, then the salary you get includes many options (allowances), which help in reducing the tax burden. Of these, full tax has to be paid on some options, while there are 10 such options which are subject to tax exemption. According to the information received from the bank market, the correct salary structure is the same, which will meet the expenses and leave some money. In such a situation, every businessman should pay attention to whether he is availing the facilities provided by the company.

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