Month: June 2018

Section 80E Deduction for Interest on education Loan   Have you taken an education loan to support higher studies of yourself or of your spouse, Children or for the student of whom you are legal guardian and you are not Read More …

House Rent Allowance (HRA) Taxability & calculation   Calculate your House Rent Allowance (HRA) exemption know HRA exemption Calculation Formula and download HRA Calculator in excel format for easy calculation of exempt HRA Allowance out of Total HRA received by Read More …

Section 80GG Deduction on Rent paid   Deductions is respect of rents paid : Under Section 80GG, an Individual can claim deduction for the rent paid even if he don’t get HRA. Not many people are aware of this deduction Read More …

Section 80D Deduction for Mediclaim Insurance Premium   Deduction Under Section 80D for Mediclaim Premium to Individual, HUF, Senior Citizens   Deduction Under Section 80D in respect of Medical Insurance Premium (Mediclaim)  paid to keep in force insurance by individual either on Read More …

Investments which qualifies for deduction u/s. 80C   Under section 80C, you can invest a maximum of Rs 1.50 lakh (1 Lakh upto AY 2014-15) and if you are in the highest tax bracket of 30%, you save a tax Read More …