I find more people thinking about their tax saving investments by this time. Many Insurance Agents chasing salaried class people for investments. Almost everyone can find an insurance agents within their family and friends circle. Some times people start to avoid them. I guess the income tax generated in this country from salaried class should be very less. (probably less than 2 percentage). For this, the amount of effort wasted by the general public is not proportionate. Despite Income Tax Department trying to simplify the documentations by introducing different types of Income Tax Returns (namely ITR1, ITR2 etc... for different category people) I still find the process is more complicated. And the exemption in HRA is funny. More people tend to submit a fake rent receipts. For a single house, the exemption claimed for more than one tax payers of the same family. People are paying rent to their own parents. Most of the house owners are not ready to provide any rent receipts. Why we nee...
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