NPS and other tax-free perks can cut income tax by Rs 1 lakh
Kolkata-based finance professional Chiranjoy Dutta earns well, but also pays a high tax because his salary is not tax-friendly and he doesn’t claim all the deductions available to him. TaxSpanner estimates that Dutta can reduce his tax by over Rs.1 lakh if his salary includes some tax-free allowances, and he opts for the NPS benefit…