How may a salaried person reduce their taxes?

There are a variety of measures that you might use to reduce your taxable income. For instance, section 80C allows you to annually save Rs. 1.5 lakhs.

Can a person on a salary make stock investments?

Salary workers can now open trading and Demat accounts instantly with reputable stockbrokers like Zerodha, Angel Broking, etc., and begin investing the same day.

Government employees, may they sip?

Mutual funds, including the SIP style of investment, have no dollar limits. Therefore, there are no barriers or legal violations preventing government employees from investing in the mutual fund market.

How can I save over ten lakhs in taxes?

The additional taxable income reduction allowed by Section 80C investments is up to Rs 1.50 lakh.

Can a housewife make stock market investments?

Indian housewives can select them to invest money in a variety of instruments, including bonds, commodities, etc.

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