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Archive for August 2013

Save Tax: Rajiv Gandhi Equity Saving Scheme (RGESS)

Save Tax: Rajiv Gandhi Equity Saving Scheme (RGESS) – FY2012-13 Money Saved is money earned: Rajiv Gandhi Equity Saving Scheme (RGESS) U/s 80CCG can help an Individual to save Income tax. RGESS has been explained below: Eligibility: Individual’s investing in equity for first time and their Gross […]

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Highlights of the Budget for the year 2013-14

Highlights of the Budget for the year 2013-14 are: Direct Tax: No change in personal Income tax rates and slabs. Relief has been provided to tax payers in the first bracket of Rs.2 Lac to Rs.5 Lac. Tax credit of Rs.2000 to every Individual with total Income […]

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FAQ on Housing Loan and HRA

FAQ on Housing Loan and HRA What Law says: The Income Tax Act treats HRA and home loan deductions under separate sections independently. The two are dealt separately under Income Tax Act. HRA is dealt with in section 10(13A) Rule 2A while home loans are entitled for […]

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Upcoming MS Excel Trainings:

MS Excel Trainings for Corporates for all levels. Programs for Individuals on Dashboard and Advaanced Excel. Read more....

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