How to save tax without fresh investments

 

'The month of March marks the end of the financial year and is the time when taxpayers needs to evaluate their tax liability taking into account eligible deductions, based on their income for that financial year (FY). Not availing certain eligible deductions can result in higher tax outflow.'

In this exclusive article with Economic Times, Dr. Suresh Surana, founder, RSM India, shares his views on the deductions a tax payer can use to reduce tax payable under old tax regime.

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