Bracket management
Using tax-free income to supply the last part of the income needed, so that taxable income does not tip the retiree into the next slab — for instance bridging the final Rs 50,000 at a taxable income of Rs 10,50,000.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series XVII← All terms