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We have specialization to provide advisory services on complex statutory Compliance and policy-related matters under areas of Logistics (Import & Export), Taxation (GST & Customs), Foreign Trade & Investment (DGFT), Food Safety (FSSAI), Weights & Measures (Legal Metrology), Wireless & Telecommunication Products (WPC) and Chartered Engineering services. Optimize your Supply chain as 4PL Company through our 3PL partners. Refund of duty/ credit/interest at Customs, GST and DGFT Appellate Service related to Customs, GST and Legal Metrology. Licenses and IEC from DGFT.
Showing posts with label Benefits to middle class tax payers (exemption). Show all posts
Showing posts with label Benefits to middle class tax payers (exemption). Show all posts

Saturday, February 28, 2015

#HighlightBudget2015 #Benefitstomiddleclasstaxpayersexemption


Benefits to middle class tax-payers

  • Limit on deduction on account of contribution to a pension fund and the new pension scheme increased from ` 1 lakh to `1.5 lakh.
  • Additional deduction of ` 50000 for contribution to the new pension scheme u/s 80CCD.
  • Payments to the beneficiaries including interest payment on deposit in Sukanya Samriddhi scheme to be fully exempt.
  • Concession to individual tax-payers despite inadequate fiscal space.
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