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Here's How the Change in Income Tax Impacts You
The hopes of the middle class have largely been dashed as the income tax slab rates remain unchanged. Nonetheless as a much awaited relief to young earners and ahead of the election due May, the government has declared complete rebate in ...
No Income Tax Till Rs 5 Lakh Income Standard Deduction Limit
How To Claim Income Tax Exemption On LTA?
To claim income tax exemption on leave travel allowance or leave travel concession (LTC), you need to be familiar with the eligibility criteria. This component (LTA) can be most likely be part of your overall CTC but cannot be treated as ...
How Claim Income Tax Exemption On Lta
Tax Exemption On Motor Insurance: All You Should Know
It may come as a surprise but like medical insurance you can also make a claim for insurance paid towards securing your vehicle, but here there is a catch and that is all makes the difference. Not just any motor insurance ...
Tax Exemption On Motor Insurance You Should Know
Tax exemption limit under 80C raised to Rs 1.5 lakh
Seeking to boost household savings, the government today hiked the exemption limit for investments by individuals in financial instruments to Rs 1.5 lakh. Presently the investments and expenditures up to a combined limit of Rs 1 lakh get exemptions under ...
Tax Exemption Limit Under 80c Raised Rs 1 5 Lakh
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