Whether you're a working women or business women you can boost your finances with these tax exemptions for women in India.
1
India's income tax slabs are the same for men and women, this means everyone pays the same tax based on their income bracket.
2
Women can claim various tax deductions to reduce their taxable income which includes 80C, 80D and 24.
3
This government scheme allows deposits for a girl child under 10. It offers high interest rates and tax benefit.
4
Senior women can claim a higher deduction for health insurance premiums compared to men.
5
Women can benefit from tax-saving schemes like PPF (Public Provident Fund) and SCSS (Senior Citizen Savings Scheme).
6
Some states offer property tax rebates or stamp duty concessions when property is registered in a woman's name.
7
The government encourages women's financial security through tax breaks on various savings schemes.