Extra Saving Money in the hands of the Salaried Taxpayers
Heres the tax slab for Individual Tax Payers:
Heres the tax slab for Senior Citizens: Income Tax Rate Income Tax Rate Up to Rs 2,50,000 NIL Up to Rs 3,00,000 NIL Rs 2,50,001 to Rs 5,00,000 10 per cent Rs 3,00,001 to Rs 5,00,000 10 per cent Rs 5,00,001 to Rs 10,00,000 20 per cent Rs 5,00,001 to Rs 10,00,000 20 per cent Above 10,00,000 30 per cent Above 10,00,000 30 per cent
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4,-.)&)5 !OTE9 (% 1#A ded2+tions is 7ini727 of the follo3ing a5 A+t2al 1#A #e+eived ;5 #ent paid in ex+ess of ()< of Basi+ Salary and Dearness Allo3an+e 4DA5 or +5 &)< of Basi+ Salary = DA if the rented ho2se is sit2ated in M27;ai. Delhi. Chennai. >ol'ata or 0)< of Salary = DA in any other +ases% In the a;ove +al+2lations. a+t2al rent paid is ass27ed to ;e sa7e as the a7o2nt of 1#A re+eived% *% $i7its 2nder se+tion 8)C in+reased to #s%(.&).))) ,% Basi+ exe7ption li7it is in+reased to #s%*.&).))) 0% Ded2+tion of Interest on loan on self o++2pied property in+reased to #s%*.)).))) Insurance is not about money. Insurance is about Lovin. It is about sho!in your loved one you C"#$ for them. %oorste& Service:' LIC( S)I * "ll Life Insurance +nited India( "&ollo ,unich - ,ediclaim( "ll Com&any .ixed %e&osit /.0. )")+1$$ ).com ,C" ' Tax Consultant 2)a3a3 Ca&ital - Sub )ro4er5 .und 6our .uture( LIC( Investment 78er( Tax Savins * Insurance 9.amily Security:( .or any Su&&ort ; <ueries ; Clari=cation mail us to babu3ee>>?@mail.com .ollo! us on .ace )oo4: !!!.faceboo4.com;babu3ee.4n.A htt&:;;in.lin4edin.com;&ub;babu3ee'4'n;BC;aa?;aAC htt&s:;;t!itter.com;babu3ee4n Pro=le: ' !!!.scribd.com;babu3ee Than4s * #eards( /. n. babu3ee Hel&line: DA'DBBCE'FGCF> Chennai I0%I".