There are many benefits that a taxpayer can enjoy if only he follows or comes under certain rules like
Interest income is totally exempt from tax on PPF and REC
As per Section 80C, an individual having taxable income at 30% can save about Rs 45,000 by claiming 1.5 lakhs as deduction
You can enjoy tax-exempt if a rebate is allowed on an account for a spec investment made by you
You can common allowances like dearness allowance, house rent allowance, leave travel alliance, education, transport and more
Indexation can also help you to lower long-term capital gains
I hope this is what you wanted to know. If not, feel free to ask your question precisely again
Apply for a home loan through NoBroker and get it disbursed quickly
Read More:Can I claim tax benefit for under construction property?
Can I get tax benefit on loan against property?
What is tax benefit?
Does Atal Pension Yojana Comes Under tax benefit?
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
What are the benefits given to SUC taxpayers?
Mangalanathan
71 Views
1
2 Year
2023-03-14T09:23:42+00:00 2023-03-21T10:36:10+00:00Comment
Share