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RE:tax saving
by Sanjay Singh on Mar 04, 2007 10:05 PM

its depend on allowence you get with salary
i)eg 800rs pm for convence allowence
2)1250 rs pm for medical allowence
3)HRA will be min amount with following rule rule
1) max 40 or 50 % of basic
2) actual rent paid
3) rent paid - 10% of basic

4) 1 Lac u can save in insurance poicy
5) 10000 saving for 80 D

if u salary is divide in above allowence then u can save else :-(





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