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Tax is defined as a payment without quid pro qua. Tax planning is an important part of one’s financial planning. An efficient Tax planning helps in reducing the tax burden to the minimum. The study on comparative analysis of Tax saving pattern among Private and Public sector employees. The aim of this paper is to explore the major differences among the tax saving pattern of private and public sector employees. And to get knowledge about the exemptions , deductions, allowances, and tax rebates under the Income Tax Act 1961.This paper will be helpful to know how to reduce the tax payment in lawful ways.
Keywords:
tax , tax planning
Cite Article:
"A COMPARATIVE ANALYSIS OF TAX SAVING PATTERN AMONG PUBLIC AND PRIVATE SECTOR EMPLOYEES", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.5, Issue 6, page no.95 - 109, June-2020, Available :http://www.ijrti.org/papers/IJRTI2006015.pdf
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ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator