Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Lost New PSB Clerk (<12L): How Can I Get Tax Exemptions?

Vivek Lala | Answer |Ask -Follow

Tax, MF Expert - Answered on Jun 04, 2025

Vivek Lala has been working as a tax planner since 2018. His expertise lies in making personalised tax budgets and tax forecasts for individuals. As a tax advisor, he takes pride in simplifying tax complications for his clients using simple, easy-to-understand language.
Lala cleared his chartered accountancy exam in 2018 and completed his articleship with Chaturvedi and Shah. ... more

Question by RAUL on May 13, 2025Hindi

Money

Hello sir, my name is RAHUL SINGH. I am a PSB bank clerk(new joinee) with an net income below 12 lakh. As i don't have much knowledge about taxes and how to fill it. kindly tell me how to get tax exemption as my income is below 12 lakh.

Ans: Hello, as per the New Tax Regime, no taxes for salaried people up to 12.75L including the 75K standard deduction.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

MoneyReply

You may like to see similar questions and answers below

Samkit Maniar | Answer |Ask -Follow

Tax Expert - Answered on Jun 19, 2024

Question by Amar - Jun 11, 2024Hindi

Money

I have a Total Gross Income of 7,69,882? After claiming standard deduction (50k) & professional tax (2.4k) .... Along with 80C (1.5 Lakhs), 80CCD(2B) 50k .... Taxable Income comes to 5,16,882. I am filing ITR for FY 23-24 so no option to invest or something. So what are my options to make it below 5 lakh. After some research I found somethings that are applicable to me but not sure whether i can claim them. Any suggestions would be helpful: 1.> 80D we can claim preventive health checkup upto 5000 that is done in cash. Also I have a health insurance of 1999 so that makes it 6999. But for 5000 can i claim without any receipt? For 1999 I got receipt. Or if not 7000 can i claim a total of 5000(1999 + 3000) though for 300p also i don't have receipt. 2.> Food coupon/ allowance can be claimed under 10(14) (i) upto 26,400. But my employer deducts the food contribution from salary shown in payslip. So can I claim this ? Total amount is 10000 3.>. Also we can claim Internet Allowance under 10(14) (ii) but my employer gives internet allowance named as Other Allowance in payslip. So can I claim that . Its total 6000. Also I donot have bills of broadband. Please suggest if I can claim any of the 3 mentioned or anything other than theses that i can claim

Ans: Do you have any education or housing loan? Saving bank interest can be deducted under section 80 TTA.

Vivek Lala | Answer |Ask -Follow

Tax, MF Expert - Answered on Jun 30, 2024

Question by Shyamala - Jun 27, 2024Hindi

Money

I am 66, my annual income is 8 lacs. What are the income tax saving scheme, so that i can exempted from income tax.

Ans: Please go through the options online for tax saving deductions.
According to my opinion, if you don't have any Home Loan or Rent payable , then you should go for New Regime

Latest Questions

Prof Suvasish Mukhopadhyay |2462 Answers |Ask -Follow

Career Counsellor - Answered on Jul 10, 2025

Question by Nagaraju - Jul 09, 2025Hindi

Career

Can we do B Tech Mechanical while working in software ie completed BTech CSE or MTech

Ans: Your question is not clear to me.

Prof Suvasish Mukhopadhyay |2462 Answers |Ask -Follow

Career Counsellor - Answered on Jul 10, 2025

Asked by Anonymous - Jul 09, 2025Hindi

Career

My daughter scored 95.7 percentile in mht cet we are looking for govt colleges please provide list of govt colleges in Mumbai and pune

Ans: With a 95.7 percentile in MHT CET, a girl can have a good chance at some government colleges in Pune and Mumbai. In Pune, Pune Institute of Computer Technology (PICT) and MIT World Peace University (MIT WPU) are good options for Computer Science and Information Technology, with cutoffs around the 91-96 percentile range. In Mumbai, Veermata Jijabai Technological Institute (VJTI) is a top government college, and a 95.7 percentile offers a decent chance for specific branches.

Prof Suvasish Mukhopadhyay |2462 Answers |Ask -Follow

Career Counsellor - Answered on Jul 10, 2025

Question by Saurabh - Jul 10, 2025Hindi

Career

Sir which is better Mtech Applied mechanics iit delhi, mtech civil engineering iit bombay, mtech material science iit chennai?

Ans: M.Tech civil engineering iit bombay,

Prof Suvasish Mukhopadhyay |2462 Answers |Ask -Follow

Career Counsellor - Answered on Jul 10, 2025

Question by Shivam - Jul 10, 2025Hindi

Career

Lpu or graphic era for cse btech

Ans: For a B.Tech in CSE, Lovely Professional University (LPU) is generally considered a better option than Graphic Era University. LPU offers a wider range of specializations, stronger industry connections, and potentially better placement opportunities. However, Graphic Era has also shown improvement in placements and offers a good learning environment.

Prof Suvasish Mukhopadhyay |2462 Answers |Ask -Follow

Career Counsellor - Answered on Jul 10, 2025

Question by kinjal - Jul 10, 2025Hindi

Career

My son got electronics and computing at BITS GOA His JEE MAIN score is 98.67 and rank is 20375 . He also got CSE at IIIT vadodara and Nirma institute of technology, please guide which one to select out of these three ? Thanks

Ans: Please go for electronics and computing at BITS GOA.

Prof Suvasish Mukhopadhyay |2462 Answers |Ask -Follow

Career Counsellor - Answered on Jul 10, 2025

Asked by Anonymous - Jul 10, 2025Hindi

Career

In between NIT srinagar and NIT Agartala Mechanical placement record is better in which NIT

Ans: NIT Srinagar generally has a better mechanical engineering placement record compared to NIT Agartala. While both NITs show good placement rates, NIT Srinagar's mechanical branch tends to attract more recruiters and achieve higher placement percentages.

Prof Suvasish Mukhopadhyay |2462 Answers |Ask -Follow

Career Counsellor - Answered on Jul 10, 2025

Question by Ashika - Jul 10, 2025Hindi

Career

Hi sir, I'm getting CSE at VIT Vellore and Mechanical at BITS hyderabad. What should i choose?

Ans: CSE at VIT Vellore

Prof Suvasish Mukhopadhyay |2462 Answers |Ask -Follow

Career Counsellor - Answered on Jul 10, 2025

Question by GOPAL - Jul 10, 2025Hindi

Career

My son got eee at NIT surathkal and bits hyderabad. Which one he should prefer

Ans: EEE at NIT surathkal

Prof Suvasish Mukhopadhyay |2462 Answers |Ask -Follow

Career Counsellor - Answered on Jul 10, 2025

Asked by Anonymous - Jul 10, 2025Hindi

Career

Good morning sir, please guide me, Being resident of Pune what is better option VIT Bhopal CSE Or MIT WPU CSE?

Ans: MIT WPU CSE

Prof Suvasish Mukhopadhyay |2462 Answers |Ask -Follow

Career Counsellor - Answered on Jul 10, 2025

Asked by Anonymous - Jul 10, 2025Hindi

Career

Iiit gwalior cse vs iiit Lucknow cse

Ans: IIIT Gwalior CSE

See more questions »

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x