How do you get tax exemptions?

[bestwriter]

Here in India there are many ways one can save tax. And one such is donating to NGOs and charitable trusts who have registered under Section 80G under the Income Tax act.

I have done that several times. What about you?

 

[nomad]

In my home country individuals and families with low income are exempted form taxes. You need to earn at least x amount to pay taxes.

 

[bestwriter]

Even in India there are limits of earnings. The higher one earns more is the tax paid. Seniors are also exempted and their limit is higher/

 

[Niyi Briggs]

In my country, it is only favoured businesses that are given tax exemptions. Individuals don't have provision to be exempt from tax.

 

[Rubz]

I never knew one could be exempted from paying tax until now. Maybe it is because i do not pay any tax as i am still schooling and i do not have an offline job.

 

[Springtime]

In my city, if your income is below a certain amount, you do not need to pay personal income tax. There are also many ways to get tax exemptions or deduction. Donation to charity, buying health insurance, or if you live with your parents, you can get tax deductions.

 

[cherry123]

I don't think that tax exemption works here in my country. Both individuals and businesses are expected to pay tax. So no exemption no matter your profit or income

 

[Shavkat]

In my country, if you are working in NGOs, the employees are usually tax exempted.