2009 can i get a relief in income tax under section 89?how?
Last year’s budget did not go down well with the salaried class. What are the chances that we’ll see some tax rebate this year?
hi everyone! i want to know if i can claim the house this year if my name is not on the mortgage but on the property tax? my brother’s name is on the mortgage, but BOTH our names are on the property tax. he will NOT be claiming, because he said i can claim it. so, can i? and yes, i have paid more than half the mortgage since last june and i paid all the property tax this past year.
This year my total earnings would be somewhere around 3.80 lacks (including last year’s 9 months pending salary) but I payed the other things like PPF and other things (which helps not to pay the tax…) will it be calculated all at a time this year or last year’s salary won’t count this year….??? i m bit confused… Can anybody help me out…?
The investment flavour of the season seems to be Fixed Maturity Plans(FMP) in India as they offer better post tax returns than Fixed Deposit at the same time offering adequate security. What is the indicative pre tax returns on the various FMP schemes open for subscription during August 2008? Which are the mutual funds offering these schemes? What is the procedure for subscribing to these FMP Schemes?
Rs. 12000/- compulsory for 3 years and after that it is only optional. So I paid my last premium in 2010 April. But now they are asking me to pay premium again. What should I do? Is it a cheating company?