Her Organisation was Deducting Over ₹70,000 in TDS Every Month from Salary
Not Sure about Schools but Companies Should Definitely Help Employees with Proper Tax Planning & Education on Personal Finance
We were able to reduce the Net Taxable Significantly by simply declaring
• HRA
• ELSS (80C)
• Health Insurance
• NPS
• LTA
• Flexi Benefits, Periodicals
She was under the impression that this ₹70,000 is the Tax she is supposed to pay every month, couldn’t differentiate between TDS, IT Returns & Tax Liability
• June - Kedarnath, Badrinath, Joshimath
• July - Vietnam, Thailand, Singapore
• August - Rameshwaram, Tirupati
• September - Dubai, London
• October - Pashupati Nath, Nepal