Are you paying too much tax? This tax optimizer may help you cut tax outgo

Here is what Sudhir Kaushik of Taxspanner.com is advising readers to restructure their income, investments and expenditure to optimise their tax outgo. The suggestions given are based on provisions in the prevailing tax laws and could change if the rules are amended.

G. Hemanth works for a private company. His salary structure has recently been altered by the employer. His annual cost-to-company is Rs 16.3 lakh. Here is how he can bring down his tax by availing of the new tax benefits introduced this year.

INCOME FROM EMPLOYER

TAX SAVING INVESTMENTS



OTHER DEDUCTIONS



HEMANTH’S TAX