What are the tax saving methods if the anual income increases Rs. 10,00,000 PA?

Question

What are the tax saving methods if the anual income increases Rs. 10,00,000 PA?

Answer 1

earlier there was some limitation on the exemption you could do if ur taxable income was greater than Rs. 10 00 000. But now, that limitation is gone.

check this site for tax rates for the current assessment year :

http://incometaxbangalore.org/taxinfo/ta...

Answer 2

For 80C investment deduction, read

http://mytaxes.in/index.php?topic=24.0