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Showing posts with label 50. Show all posts
Showing posts with label 50. Show all posts

Sunday, 3 March 2019

Each individual needs to spare duty. Along these lines, a portion of the general population attempt to dodge the charge, which isn't right for the benefit of a dependable resident of a nation. For sparing duty the most widely recognized and most ideal way is the utilization of segment 80C of the pay charge act,1962. Section 80C is the segment which gives each individual a few conclusions from the assessable salary which causes each person to spare expense. The greatest furthest reaches of Section 80C is Rs.1,50,000. This much farthest point could spare duty a great deal as this may help a portion of the person to get in lower chunk rate.

Friday, 5 January 2018

Finance Act, 2016 has introduced deduction of interest payable on housing loan for first time home buyers taken from any financial institution over and above the deduction allowed under section 24b. Section 80EE has been amended for this purpose.