Last week we discussed in detail the 80C tax deductions that an individual tax payer can take. But with over 10 options available, how do you decide which is the optimal instrument for you. This week we shed some light for you on suitable income tax deductions based on your age and stage in life. However, please keep in mind that these are suggestions only, and not customized advice based on your personal financial situation. Also, not all the below stages are exclusive to a certain age. Finally, may of these suggested instruments can be combined in value up to the annual limit of Rs 1 lakh for the tax year.
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| Tax Filing | Income from Salaries | Tax Deduction |
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