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How You Can Pay Zero Tax On ₹13.7 Lakh Salary

While the NPS offers significant tax savings and long-term benefits, its low adoption is due to the lock-in period and restrictions on withdrawals. Here's how NPS and deductions can help you save big on taxes.

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How You Can Pay Zero Tax On ₹13.7 Lakh Salary

Salaried individuals can achieve zero tax on annual income up to ₹13.7 lakhregime—old or new—offers best savings for their financial situation?


Did you know that salaried individuals can reduce their tax liability to zero on annual income up to ₹13.7 lakh? Yes, it’s possible by taking advantage of standard deductions and making contributions to the National Pension System (NPS). Though the uptake of NPS is low, mainly due to its lock-in period and mandatory annuitization at retirement, it offers significant long-term benefits with low fund management charges.

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NPS ZERO INCOME TAX

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