Shreyaa Kapoor Instagram – How can you pay 0 taxes on your 18L salary? 🫡
Before I answer this pls keep in mind that not all allowances and deductions apply to everyone – this is just a comprehensive guide on all the options available to you in order to get your salary to a level where your tax liability reduces. 🙏🏼
There is an option to restructure your salary – here you can break down your salary into various allowances that are applicable to you, bringing your taxable income to a minimum. 🙌🏼
In addition to allowances, you also have various deductions you can claim, such as home loan deductions, education loan deductions, and standard deductions, among others, to bring your taxable income further down. 🌟
Use the allowances and deductions wisely, keeping in mind that it will reduce your pay in hand. 🌱
Comment “tax” to get the complete excel sheet in your DMs! 🫶🏼
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