Dear Sir,
My self Neha, working with a private org as Manager-HR. I want to understand on tax related matters and tax saving plannings through below example:
One of our team member got an increment recently and her current CTC is Rs. 508800/- PA. Earlier she was under 10% tax slab but after increment effect it is coming under 20% of tax slab. Can anyone please suggest ways to overcome from this thing as the difference of amount is Rs. 8800/- only as till 5 lacs tax liability is 10%.
What could be the ways to get rid from this or what can be the good tax saving plannings in this case.
Please advice.
Thanks & Regards
Neha
My self Neha, working with a private org as Manager-HR. I want to understand on tax related matters and tax saving plannings through below example:
One of our team member got an increment recently and her current CTC is Rs. 508800/- PA. Earlier she was under 10% tax slab but after increment effect it is coming under 20% of tax slab. Can anyone please suggest ways to overcome from this thing as the difference of amount is Rs. 8800/- only as till 5 lacs tax liability is 10%.
What could be the ways to get rid from this or what can be the good tax saving plannings in this case.
Please advice.
Thanks & Regards
Neha