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List of Sec 80C Deduction From Total Income-(Max Rs.150000/-)

List of Sec 80C Deduction From Total Income-(Max Rs.150000/-)

TAXHUSTLERMar 18, 20244 min read

life insurance premium (including payment made by government employee to the central government Employees’ insurance scheme and payment made by a person under children ‘s deferred endowment assurance policy) Payment in respect of non-commutable deferred annuity. Any sum deducted from salary payable to a government employee for the purpose of securing him a deferred annuity (subject to a maximum of 20 per cent of salary. Contribution (non being repayment of…

Residential Status of an Individual

Residential Status of an Individual

TAXHUSTLERMar 18, 20245 min read

An individual may be (a) residential and ordinarily residential (b) residential but not ordinarily residential or (c) non – residential. 5.1 Residential and ordinarily residential – To find out whether an individual is   Resident and ordinary resident ‘’ in India,…

Income Tax Slab-AY 2024-25

Income Tax Slab-AY 2024-25

TAXHUSTLERMar 18, 20243 min read

REGULAR TAX REGIME  –  Regular tax regime is the default tax regime for the assessment Year 2023-24.However for the assessment year 2024-25,the individual/HUF/AOP,ctc.,has to exercise the option under section 115BAC(6) to avail the benefit Of the regular tax regime .tax…

House Rent Allowance

House Rent Allowance

TAXHUSTLERFeb 28, 20241 min read

HOUSE RENT ALLOWANCE – Exemption in respect of house rent allowance is regulated by rule2A. The least of the following is exempt from tax— An amount equal to 50 per cent of salary, where the residential house is situated at…

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List of Sec 80C Deduction From Total Income-(Max Rs.150000/-)

List of Sec 80C Deduction From Total Income-(Max Rs.150000/-)

ByTAXHUSTLERMar 18, 2024

life insurance premium (including payment made by government employee to the central government Employees’ insurance scheme and payment…

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Entertainments

List of Sec 80C Deduction From Total Income-(Max Rs.150000/-)

List of Sec 80C Deduction From Total Income-(Max Rs.150000/-)

ByTAXHUSTLERMar 18, 2024

life insurance premium (including payment made by government employee to the central government Employees’ insurance scheme and payment made by…

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HOW TO RESET YOUR EMUDHRA KYC PIN

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Open the below link https://app.e-mudhra.com/forgotPassword.jsp Enter your KYC Username ( Which is written on your verification link) Enter the New PIN & Confirm it Now press the GET OTP Button Enter the both  email &…

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List of Sec 80C Deduction From Total Income-(Max Rs.150000/-)

List of Sec 80C Deduction From Total Income-(Max Rs.150000/-)

ByTAXHUSTLERMar 18, 2024

life insurance premium (including payment made by government employee to the central government Employees’ insurance scheme and payment made by a person under children ‘s deferred endowment assurance policy) Payment in respect of non-commutable deferred…

Residential Status of an Individual

Residential Status of an Individual

ByTAXHUSTLERMar 18, 2024

An individual may be (a) residential and ordinarily residential (b) residential but not ordinarily residential or (c) non – residential. 5.1 Residential and ordinarily residential – To find out whether an individual is   Resident and…

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