Tax Exemptions Rules , Who is included and who is not

POSTED BY Jagoinvestor ON January 5, 2009 COMMENTS (4)

Following is a chart showing the list of people for whom you can claim deductions for tax exemption. For example, if you pay the LIC Insurance premium, you can claim if the got premium paid for.

  • Yourself
  • Spouse
  • Children

For further details … see this table … Click to enlarge it.

To know about the tax slab and an example for calculating tax .. see :

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4 replies on this article “Tax Exemptions Rules , Who is included and who is not”

  1. Chetan Ambi says:

    It’s very useful Manish.. Thanks a lot!!

  2. Oracle Developer says:

    Good one and chart is comprehensive.. Keep this good work in month of hightest tax saving done my Indian Salaried class to save tax.

  3. Griffin says:

    Thank you for sharing and giving details about how to claim deductions for tax exemption.It is very helpful and useful.

    IRS Deductions

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