Latest Breaking News On - Income tax deductions - Page 2 : comparemela.com

KRA calls out employers for denying PWDs disability pay

KRA calls out employers for denying PWDs disability pay
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Kenya revenue authorityNational council for personsIncome tax deductionsLegal noticeNational council

Income Tax: Old tax regime vs new tax regime and how to switch between the two?

The traditional tax system provides an extensive array of deductions and exemptions, appealing to individuals who can leverage them effectively. The decision between the old and new tax regimes hinges on various factors, such as your income level, investment strategies, and more.

Central boardDirect taxesAssessment yearIncome tax returnsNew tax regimeIncome tax returnCentral board of direct taxesOld tax regimeIncome taxPersonal financeIncome tax deductionsSection 80cBudget 2024Budget 2023

Will Section 80C tax benefits get hiked in the Election Budget?

Section 80C is perhaps the most popular section in the Income Tax Act for claiming tax deductions. You can claim deductions for investments made in different avenues such as PPF, NPS, ELSS, among others for a total of up to Rs 1.5 lakh per financial year.

National pension systemPublic provident fundIncome taxProvident fundPension system50 cTax deductions0c deductionIncome taxIncome tax deductionsTax saver fd

Budget expectations: What Middle Class can expect from FM Nirmala Sitharaman? Here s a wishlist

The Budget is crucial this year as it is the election year and the government holds the key. All eyes are on Finance Minister Nirmala Sitharaman on how the NDA government would balance the fiscal goals and electoral appeal.

Pranab mukherjeeNirmala sitharamanUnion budgetHealth insuranceInterim budgetFinance minister nirmala sitharamanFinance actStandard deductionRahul charkhaEconomic lawsGold taxIncome tax actOld tax regimeBudget expectationsMiddle classFm nirmala sitharaman

Donations For Ram Mandir Now Eligible For Income Tax Deduction

The Central Board of Direct Taxes (CBDT) has explicitly stated that donations to the Shri Ram Janmabhoomi Teerth Kshetra are eligible for this tax benefit.

Uttar pradeshNew delhiPran pratishthaShri ram janmbhoomiShri ram janmabhoomi teerth kshetraSupreme courtIncome tax departmentIncome taxRam mandirShri ram janmabhoomi teerth kshetra trustIncome tax actAlso readFrom tata to birlaCentral boardDirect taxesJeevan dhara