Tag Archives: Tax

Last minute exemptions/deductions that can be claimed during IT filing

Last minute exemptions/deductions that can be claimed during IT filing Did you fail to meet the deadline for submitting proof of investments to the employer before due date? You can still claim some deductions and exemptions and maybe get a refund while filing for Income Tax return. In this article, we would explain about last … Continue reading Last minute exemptions/deductions that can be claimed during IT filing

How an individual taxpayer can claim tax benefits upto Rs 4.44 Lakhs from FY2015-16

How an individual taxpayer can claim tax benefits upto Rs 4.44 Lakhs from FY2015-16 In recent budget speech, Finance Minister indicated that an individual taxpayer can claim tax benefits of Rs 4.44 Lakhs from Financial year 2015-16 beyond the income tax exemption limit. This includes all tax saving options like PPF, Housing loan interest, health insurance … Continue reading How an individual taxpayer can claim tax benefits upto Rs 4.44 Lakhs from FY2015-16