Category: INCOME TAX
Gratuity limit up to Rs 10 lakh for Income Tax
In a major relief to salaried class in the private sector, the government on Thursday cleared a proposal to raise the Income Tax (I-T) c [...]
Indian Railway Finance Corporation Limited Offers Tax Free Bonds Tranche-I
Ministry of Railways
Indian
Railway Finance Corporation Limited Offers
Tax
Free Bonds Tranche-I to Raise upto Rs. 6,300 Crore
Public
Issue [...]
House Rent Allowance – Income Tax Provisions
Drawing house rent allowance upto Rs.3000/- per month will be exempted from production of rent receipt
Annual rent paid by the employee exceeds Rs 1 [...]
Income not exceeding Rs. 5 lakhs from salary or pension – not required to file IT Returns: Notification No. 36/2011
Income not exceeding Rs. 5 lakhs from salary or pension - not required to file IT Returns: Notification No. 36/2011. Govt. has exempted the followin [...]