Sir, to be eligible fr. benifits u/s88,the payer has to have a gross income below 5,00,000/- how does one arrive at this fig.Do we first deduct u/s10 to get gross taxable fig and then deduct std.deds. to arrive at the taxable gross amt. which gross fig. will we take to be eligble fr.sec.88 benifits? Pl. advise urgently. thank you, R.Verma
in this current year i had already saved more than 70,000 .please advice for investing above 70,000 should i take infrastructure bonds or i should invest on child /spouse name.
The above article is really good and informative just like the investment headlines(Shares,Mutual Funds) earlier.
I request you to include a article related to managing income in order to pay less tax. I mean the smart ways to declare investments so as to avoid paying more tax annually.
great effort at attempting to throw light on the most fundamental aspect of ITax. the leaning towards justifying tax as a concept is not surprising given that it comes from some one called RELAX WITH TAX. hope they help us move onward on a journey that seems inescapable.
