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How To Save Income Tax: Key Tips
The last date to file the Income Tax Return (ITR) is July 31, 2024.
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Here are a few ways to save money, in case you will be filing ITR under old regime.
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Public Provident Fund (PPF) is one of the most preferred investment options.
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The National Pension System (NPS) offers tax benefits as well.
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You can get rebate under 80 DD if any of your dependents are disabled.
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A tax exemption is also given on the amount spent on treatment of a particular disease of a dependent.
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A tax exemption can also be received on the amount deposited in savings account.
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You can claim a deduction for home loan interest up to Rs 2 lakh.
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