Deduction in respect of interest income to senior citizen A deduction upto Rs 10,000 is allowed under section 80TTA to an assessee in respect of interest income from savings account. […]
Budget 2017 - 3. page
Relief to Salaried employees
Relief to Salaried employees: At present an employee is entitled for exemption of Rs. 19,200 (Rs. 38,400 for physically handicapped or blind or deaf and dump employees) towards transport allowance […]
Contribution limit enhanced from 10 % to 20%
Contribution limit enhanced from 10 % to 20% : CLAUSE(S) OF FINANCE BILL, 2017 PARTICUL ARS OF AMENDME NTS SECTION AMENDMENT / NEWLY INSERTED APPLICABLE W.E.F. BRIEF OF AMENDMENT 33 […]
Tax Exemption to partial withdrawal from NPS
Tax Exemption to partial withdrawal from NPS : CLAUSE(S) OF FINANCE BILL, 2017 PARTICUL ARS OF AMENDME NTS SECTION AMENDMENT / NEWLY INSERTED APPLICABLE W.E.F. BRIEF OF AMENDMENT 6 Tax […]
Correct definition of “Person resident outside India”
Correct definition of “Person resident outside India” “ CLAUSE(S) OF FINANCE BILL, 2017 PARTICUL ARS OF AMENDME NTS SECTION AMENDMENT / NEWLY INSERTED APPLICABLE W.E.F. BRIEF OF AMENDMENT 6 Correct […]
Exemption to income of CM/ LG relief Fun
Exemption to income of CM/ LG relief Fun : CLAUSE(S) OF FINANCE BILL, 2017 PARTICUL ARS OF AMENDME NTS SECTION AMENDMENT / NEWLY INSERTED APPLICABLE W.E.F. BRIEF OF AMENDMENT 6 […]
Rationalisati on of provisions of IDS and consequential changes to section 153A & 153C
Rationalisati on of provisions of IDS and consequential changes to section 153A & 153C : CLAUSE(S) OF FINANCE BILL, 2017 PARTICUL ARS OF AMENDME NTS SECTION AMENDMENT / NEWLY INSERTED […]
Centralised issuance of notice and processing of information
Centralised issuance of notice and processing of information : CLAUSE(S) OF FINANCE BILL, 2017 PARTICUL ARS OF AMENDME NTS SECTION AMENDMENT / NEWLY INSERTED APPLICABLE W.E.F. BRIEF OF AMENDMENT 54 […]
Extension of the powers to survey
Extension of the powers to survey : CLAUSE(S) OF FINANCE BILL, 2017 PARTICUL ARS OF AMENDME NTS SECTION AMENDMENT / NEWLY INSERTED APPLICABLE W.E.F. BRIEF OF AMENDMENT 53 Extension of the powers […]
Rationalisation of the provisions in respect of power to call for information
Rationalisation of the provisions in respect of power to call for information : CLAUSE(S) OF FINANCE BILL, 2017 PARTICUL ARS OF AMENDME NTS SECTION AMENDMENT / NEWLY INSERTED APPLICABLE W.E.F. […]