(As published in Time of India on December 5, 2016)
Nearly everybody thinks that he pays too much tax. But in most cases the taxpayer does not make the best use of the tax benefits avaliable to them. Sudhir Kaushik of Taxspanner tells readers how they can restructure incomes, investments and expenses to optimise their tax.
Though he earns well, Surender Kumar pays a very high tax. This can change if he rents out his new house and claims tax benefits on the home loan even as he continues to live in a rented house. Taxspanner has advised him to invest more in NPS.
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