The House rent exemption is giving a considerable tax relief to all of salaried employees at present. What is the conditions about HRA in the new direct tax code 2009? An Explanation will be very helpful to all of salaried persons.
I work at a computer company and we want to do work for medical offices, but they do not want us do to work because it is too expensive. So we heard something about a tax code so that the medical company or office can get back a 50% credit on their taxes for getting the work done. Any info on this would be a big help! Thanks!
the governement allowed all sorts of benefits on houme loans and now in the new income tax code, it is to be eliminated. is it fair. how do you take it. besides all financial benefits including pensionary benefits are to be taxed. where is the incentive. there is no meaning for welfare savings. should not the home loan benefit be continued to promote housing sector.
Hi, I have LIC JEEVAN SARAL policy started in 2008. Though it allows for partial withdrawals after 10 yrs, i planning it for my retirement purpose. so will withdraw all amount on maturity after 35 yrs.
But as per new tax code proposed in 2011, will that final withdrawal will be taxable / will be tax-free? ( As per the new tax code, PPF withdrawals will be taxable)
I am planning to invest in Tax saver mutual funds of Fidelity,Reliance and Canara robeco. Will i still get Tax exemption on amount invested in these funds under section 80c of Income Tax Act. Experts Please confirm