Pune-based Kavitha Kumar pays a low tax because her salary structure is tax friendly. Even so, there is scope to bring this down further. Taxspanner estimates that Kumar can reduce her tax to zero if she opts for the NPS benefit offered by her company, invests in the scheme on her own as well, and buys medical insurance for herself and her parents. Her net taxable income after all deductions is Rs.7.2 lakh. If this is reduced to less than Rs.5 lakh, she will be eligible for full tax rebate under ..
