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How to Pay Zero Tax for Income Up To ₹12 Lakhs: Legally

Deduction Exemption and Reimbursement of Expenses For FY 2016 – 2017 Amount ₹ Basic Exemption ₹250000 PPF, Insurance, ELSS, FD, NSC, etc (Section 80 C Deduction) ₹150000 Investment in NPS (Section 80 CCD 1B ) ₹50000 Contribution of NPS by Employer (Section 80 CCCD 2) ₹150000 Home Loan Interest or House Rent Allowance (First Time Buyer […]

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