During the Budget 2018, Finance Minister inserted a new Section 80TTB. This allows a tax deduction of up to Rs.50,000 with respect to interest income from FDs held by senior citizens. Let see the features of this section.
Showing posts with label Income Tax Form 16 Part B for F.Y.2018-19. Show all posts
Showing posts with label Income Tax Form 16 Part B for F.Y.2018-19. Show all posts
Sunday 27 January 2019
Saturday 29 December 2018
One of the foremost standard section once it involves tax saving is 80C. individuals square measure attentive to 80C and use this section totally once it involves tax deductions. however repeatedly remuneration forgot alternative out there tax deductions which may cut back their tax burden. during this post, we'll take a glance at less famed tax deductions which may be accustomed save a lot of tax.
Save a lot of Tax – Use these less famed tax Deductions
Sunday 4 November 2018
Tuesday 30 October 2018
One of the foremost standard section once it involves tax saving is 80C. individuals square measure attentive to 80C and use this section totally once it involves tax deductions. however repeatedly remuneration forgot alternative out there tax deductions which may cut back their tax burden. during this post, we'll take a glance at less famed tax deductions which may be accustomed save a lot of tax.
Save a lot of Tax – Use these less famed tax Deductions
Thursday 11 October 2018
Thursday 13 September 2018
As
per the latest Finance Budget 2018-19, it appears that the Tax Slab as
same as the previous Financial Year, but one most profitable section has
introduced by this Finance Budget, " Standard Deduction Rs.40,000/-.
The
Salaried persons can reduce their tax burden for the financial year
2018-19. More one good news for Sr.Citizen that the exempt U/s 80TTB up
to Rs. 10,000/- which is also newly introduced by this Finance Budget
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