The Economic Times

Bengaluru techie with Rs 18 lakh salary paying Rs 25,000 per month to wife as house rent to save tax, sparks debate online

A Bengaluru IT employee's clever tax-saving plan is causing a stir online. He pays rent to his wife for a home she owns, aiming to reduce his taxable income. While some hail it as smart financial planning, others warn of potential risks and compliance issues. The debate highlights the complexities of tax strategies and the importance of genuine transactions.