I am Govt employee in Gujarat-India and my son is suffuring from Thalassemia Major. I have about 10000/- to 15000/- monthly expense for his medical treatment. My Company is recovering IT on my reimbursement above 40000/-. Thalassemia is one type of blood disorder and there is no cure treatment. Pl guide me what should I have to do to get tax benifits.
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!
They just announced that deductions from pay will no longer be on a pretax basis. The question is: In what specific way does this benefit the company? Also, what is the effect on employees at tax time?
I m going to pursue my higher studies in Australia and want to know if my medical insurance covers all medical expenses in case i am victim of the racial attacks?