I am planning to sell one of my flat bought in 2004 on home loan. I have claimed for tax deduction for 4 years already. I have a seen a clause in the yearly bank statement that i will not be entitled for tax saving on home loan if flat is sold before 5 years. Is it true? Please provide more information on this clause.
When an employee is suspended pending enquiry, he is being paid subsistence allowance. The question which is important is that while making payment of subsistence allowance what are the statutory deductions to be made i.e. P.F. . Prof.Tax?
I m a Software Professional and want to take full advantage of Tax Deduction, plz let me know the details how to save the tax?
I have selected in an MNC
if my gross salary is Rs 32,600 per month ,how much i will be getting in hand after all deduction (income tax)
thanks for your answer
if my gross salary is Rs 32,600 per month,how much i will be getting in hand after all deduction (income tax ) in India
i don’t have any saving plans like LIC, Mutual funds. but i think this my salary falls under 10% deduction slab
what comes under this.