{"id":7087,"date":"2022-02-22T14:38:04","date_gmt":"2022-02-22T09:08:04","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=7087"},"modified":"2023-07-04T16:00:46","modified_gmt":"2023-07-04T10:30:46","slug":"how-to-save-income-tax-in-india","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/how-to-save-income-tax-in-india\/","title":{"rendered":"How To Save Income Tax in India 2022: 11 Ways To Reduce Taxable Income"},"content":{"rendered":"\n

Income tax<\/a> is that portion of income that every taxpayer must pay to the Government. It is the Government’s fair share of income that is spent on the country’s welfare. <\/p>\n\n\n\n

Even though taxes benefit society as a whole, nobody likes to let go of their hard-earned money. People always look for opportunities to reduce their income tax liability. You can legitimately reduce your tax liability by claiming expenses and deductions under various sections of the Income Tax Act, 1961<\/a>. <\/p>\n\n\n\n

Let us read further on how to reduce taxable income in India.<\/p>\n\n\n\n

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Table of Contents<\/p>\n<\/span><\/div>\n