I want some clarification regarding surchage.I am working in a pvt firm & want to know whether Surchage of 10% is applicable to all type of persons if I make the payment to our suppliers whose turn over is more than 8.50 lacs during the year.
Please tell me about the detailed calculation of taxable amount when HRA, LTA,etc are included.I am eligible for section 80ccc.Now, what all methods i can apply to get a good rate of rebate.I have already purchased IDBI Bonds and NSC. Apart from that can u suggest me something.
I found the article very informative and useful.However I havea query which will be of interest to many taxpayers. If one is retired and has income only from other sources which includes Rs.24000 from LIC Varishta Bima Yojana can standard deduction be applied since .. it is a pension payable for life. Please advise . Krishnan
I am a salaried person and tax payee.I have some investments to get rebit from IT.But I don't know what would be the maximum investment? and how the refund is calculated?