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Hello everyone, welcome to Millions by Jupiter. Im Aditi Khandelwal, a certified Financial Planner and in this video were going to talk about how you can save tax by paying rent to your parents. If youre a salaried employee then theres a components in your salary, House Rent Allowance. And what happens to this component? When you stay in a rented house then, because of this component, you save tax quite a bit of tax. But now the time is of Work From Home and everyone is at home. So to whom will you pay the rent and how will you save tax? It seems kind of impossible. Tax cannot be saved by those who are not financially smart at all. Tax can be saved by those who are financially smart by paying rent to your parents. So in this video Im going to address all these questions and well learn it in detail. But before that, please dont forget to subscribe our channel and hit the bell icon button so that you wont miss any video related to personal finance. Now lets come to the topic and
