Tuesday, March 3, 2015

INCOME TAX DEDUCTIONS ---- BUDGET 2015

            
        •     Deduction u/s 80C                                            ` 1,50,000
        •     Deduction u/s 80CCD                                          `50,000
        •     Deduction on account of interest on house property
              loan  (Self occupied property)                         `2,00,000
        •     Deduction u/s 80D on health 
               Insurance premium                                            `25,000         •    Exemption of transport allowance                       ` 19,200

              Total                                                                   `4,44,200

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