ilmscore | Prediction Details
"you're an independent wedding planner you obviously don't have an opportunity to claim hedar you earn say an average of 36 lakhs per year after availing business related expense deductions and other tax benefits you are left with 9 lakhs of taxable income now if you effectively use section 0 g your taxable income will further reduce to 8.4 lakhs as per the existing tax Labs at 30% rate you can save 18,000 in taxes"
By Finance With Sharan | April 29, 2023 | Pending
From video
The ULTIMATE Guide to SAVING TAXES Through FAMILY | Finance With Sharan 00:06:25 - 00:06:50
Interpreted Prediction
A freelancer earning ₹36 lakhs annually can reduce their taxable income from ₹9 lakhs to ₹8.4 lakhs by utilizing Section 80GG for rent paid to parents, saving ₹18,000 in taxes at a 30% rate.

Prediction Details

Topic
Tax Savings Example (Freelancer Rent)

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