Specific Deductions available for salaried Employees [AY 2019-20]

Specific Deductions available for salaried Employees [AY 2019-20] Section 16 of Income Tax Act 1961 deals with Specific Deductions available for salaried Employees. The section is presented below for reference:

Section 80D: Income Tax Deduction for A.Y. 2019-20 | F.Y 2018-19

Section 80D: Income Tax Deduction for A.Y. 2019-20 | F.Y 2018-19 . Section 80D deduction Relevant for Assessment Year  2019-20/Financial Year 2018-19 as proposed by Finance Bill 2018 | Relevant for Assessment Year  2019-20/Financial Year

Deductions under section 80C to 80 U of Income Tax Act 1961 AY 2019-20 | FY 2018-19

Deductions under section 80C to 80 U of Income Tax Act 1961 AY 2019-20 | FY 2018-19, Deductions under section 80C to 80 U of Income Tax Act 1961 [AY 2019-20/FY

Section 80D: Income Tax Deduction for AY 2017-18 & AY 18-19

Section 80D: Income Tax Deduction for AY 2017-18 & AY 18-19 Having a health insurance policy does not only help cover your medical expenses, it also gives you relief from

Deductions from gross total income under section 80C to 80 U of income tax act 1961

Deductions from gross total income under section 80C to 80 U of income tax act 1961  UPDATED AS ON APRIL 1, 2017 Deductions from gross total income under section 80

New norms make exit flexible for NPS investors

The Pension Fund Regulatory and Development Authority (PFRDA) has notified its guidelines for exits and withdrawals under the National Pension System (NPS). The guidelines are meant to allow a certain

Kisan Vikas Patra relaunched to boost household savings rate

Union Finance Minister Arun Jaitley and Communication Minister Ravi Shankar Prasad relaunched the Kisan Vikas Patra (KVP) investment scheme on Tuesday to tap household savings for funding infrastructure development in

DEDUCTIONS FROM GROSS TOTAL INCOME (CHAPTER VI-A)

DEDUCTIONS FROM GROSS TOTAL INCOME SECTION 80C (CHAPTER VI-A) Deductions under section 80C to 80 U of Income Tax Act 1961 AY 2019-20 | FY 2018-19Deductions from gross total income

DEDUCTION U/S 80DDB UNDER INCOME TAX ACT

DEDUCTION U/S 80DDB UNDER INCOME TAX ACT Deduction u/s 80DDB can be claimed by individual or HUF for medical treatment for the following diseases and should have paid the expenses

Amendment in Section 80G

New sub-clause A new section has been inserted by Finance Bill 2012 where no deduction shall be allowed under this section in respect of donation of any sum exceeding ten thousand rupees,