How Can a Salaried Person Save Tax? | Salary Income Tax Deduction | Tax Deduction 2023-24!

A salaried Person must know that How Can a Salaried Person Save Tax? and Which are Salary Income Tax Deduction where a Income Tax Payer can get Tax Deductions 2023-24!.
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Links of Other Relative Videos

HRA and Home Loan Deduction 10(13A) and 24b

Fully Exempt Allowances:

Partly Exempt Allowances :

Interest on Higher Education Loan 80E

Medical Insurance Premium 80D

Interest on Home Loan 80EEA

Interest on Electric Vehicle 80EEB
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As a salaried employee, you may be entitled to various income tax deductions that can help reduce your tax liability. Here are 19+ possible deductions you may be eligible for Various Deductions,
How Can a Salaried Person Save Tax? | Salary Income Tax Deduction | Tax Deduction 2023-24
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I Also Explained:
1. How Can Salaried Person Save Tax?
2. Salary Income Tax Deduction
3. Tax Deduction 2023-24
4. Deduction from Gross Total Income
5. Income Tax Deduction for Salaried Employees Person
6. Tax saving for salaried person
7. tax planning for salary income
8. salaried person tax saving
9. salaried person income tax saving
10. salary deduction income tax
11. what is deduction in income tax
12. Tax Deductions 80c to 80u
13. tax saving tips
14. income tax saving tips
15. deduction in income tax
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#salaryincome #salarydeductions #taxsaverfd

[incometaxwallah]

Write your Comments and Queries Here to get a quick reply.
Team Income Tax Wala

[nszxmql]

Me ek govt servant hu.. aur subah se lagatar tax save ke videos dekh raha hu.. aur 10.05 pm mujhe best video on internet mila aur jis tarike se aapne explain kia.. sir hats off to you.. best explanation i ever seen so detailed.. maine aapko subscribe kar dia.. aur aise hi videos banate raho sir❤❤❤❤❤

[biswajitroy]

Sir apka explanation itna achhha hey ki bar bar sun ke kam asan ho jata hey.If you don't mind ..Sirf ek request hum logo ko raat ko time milta hay learnig vdo bagara dekhne ka..so jitna music & other sond jitna Cool hoga utnahi achha .Thank you.

[rawatekta]

Commendable sir....very well explained

[nszxmql]

Nice that you replying to every querry in your busy life .. never seen such youtuber ❤❤❤❤❤

[officialTeddysReaction]

Best video I ever seen on this topic, keep it up sir

[garrysingh]

I am a web designer. I do job in MNC.
I want to start working as freelancer on upwork, fiverr etc. and do some extra projects through references.

Q1. I want to be able to deduct my expenses for travel, stay, marketing, equipment purchases, depreciation in equipment from my income. How can I do this?
Q2. If it is necessary to have some sort of entity then which is best such that I need not do any compliance, or extra expenses or extra work for the entity? I just want to focus on my web designing.

Q3. Also how can I reduce taxes? My total income from job and side projects will exceed 20lacs.

[devbratkumar]

Very nice information.
Thank you sir.🙏

[deepakgaur]

Any other me under section 10 me....kya select kare, hospital me govt nursing staff hu.. form 16 show h, lakin ITR me jo any other me option aa rahe he...wo suit nhi h ..

[manjusv]

Hello Sir, I have purchased house by taking home loan in 2016-17 and later transferred the home loan to other bank in June 2021....sir please clarify me whether should I claim the excess home loan interest over 2 lakhs under 80EE or 80EEA....and secondly can a salaried employee claim for tution fee under section 80c.

[nishantshah]

Salary me se jo Professional tax cut hota hai uska deduction kaise le sakte hai?

[samiulhaque]

Mai sarkari job karta hu.mai 2004 me lic ka jivan Anand endowment policy15 saal ka kya tha.2024 me maturity amount 6 lac Milne ke bad ushe lic me hi invest kar dya.ab itr me ish amount par income tax karega? agar katega to kaise aur kitna katega?

[darkh]

Hi sir, the video is informative, thanks for your effort, However, I have a doubt to clarify, As you said 1.5L is tax exempted in 80C, in NPS under section 80CCD(1B) 50K, a total of 2L. However, in NPS can I claim more under section 80CCD2, For Example, 80C - I have an ELLS mutual fund of 1.5L, 80CCD(1B) - I invested 50K, my employer is contributing under section 80CCD2 1L, so can I claim tax exemption of 3L.

[anjuchauhan]

This yearTotal Gross salary - 2455540
(Salary+house maintenance allowance+ bonus+ bank intrest+ chhutti ka paisa + travel leave allowance + petrol +gas+ arrears+coperative bonus)

Deduction 🤣
Lic premium- 40000 p.a
Pension- 7000par month
Ppf. - 130000 p.a
Elec -1000 p.m
P.tax- 2400
Old regime se kitna pay krna padega

[mk-kwqn]

Sir reply plz
agar gov sallary parson march me apne karyalay par new regime choose kare and july me ITR fill krte wakt old regime dikha skte hai???

Sir ek hi financial year Ka do change possible hai
Ya phir march wala tax collection se koi matalab nhi h

[RoshimSood]

Sudesh ji,
Q1) Can NSC certificate which has matured can be gifted by a sister to her brother ?
Q2) Can we transfer the NSC without taking the maturity within the family ?

[haribhauvaidya]

Government Quarter rent, hra deduction by salary but maintenance charges be apply per month can rebate maintenance charges

[rakeshsuman]

section 10(14)i and ii is allowed for AY 24-45, Please confirm

[nszxmql]

Sir/ ab 31st march 2024 me aisa kya karu ki agle saal ka tax save ho jaye ? Nps 50k scheme me kar nahi sakta kyunki log in error aa raha hai.. nps 50k ke alava aur konsi scheme hai ?? Pls answer

[sanjeev]

Is the transport allowance exemption for fy 2022-23 and how..?