There are hardly many tax saving avenues when you fall in the highest income tax bracket so utilising every available tax saving option becomes critical in saving your hard earned money. Old tax regime offers two very prominent deductions to the salaried taxpayers on house rent allowance and home loan interest payment. However, not many people claim both deduction together despite being eligible to do so. Here is how you can decide if you can claim both the deductions.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.