Visit http://staffcorner.com

Saturday, March 5, 2016

Budget 2016 : FM dissaponts, I-T slabs, most deductions remain unchanged

Budget 2016 : FM dissaponts, I-T slabs, most deductions remain unchanged: It is yet another disappointment for the tax payers. The Finance Minister has kept the I-T slabs untouched. Here are some of the highlights for the employeesThe maximum deduction available under section 80GG has been raised to Rs 60,000 per annum from existing Rs 24,000 per annum. The deduction is available to an assessee who does not receive any HRA component as a part of his salary. Deduction i....
Read more.......