Tax Exemption : LTA(Leave Travel allowance)


Things You must know before you claiming LTA

Comments

Post a Comment

Popular posts from this blog

Step by step guide on how to pay Income Tax that is due

Image
1. Select Challan 280 Go to the tax information network of the Income Tax Department and select Challan 280. Click here to go to the government website and pay your tax 2.Enter Personal Info For individuals paying tax, select  . Please choose the Assessment Year correctly  . Choose   if you are paying taxes after the Financial Year has ended. View mandatory fields to be filled in Note:  Choose "(100) ADVANCE TAX" if you are paying taxes during the financial year. Choose "(400) TAX ON REGULAR ASSESSMENT" if you get a demand notice from the Tax Department. 3.Double check info You will be redirected to the net banking page. Double check the information entered here and enter the income tax amount to be paid in the income tax field. Tip:  You can leave surcharge, education cess, interest and penalty blank. 4. Check Receipt (Challan 280) This is your Challan 280. You will be able to see details about your payment on taxpayer
Read more

Simple way producer–consumer problem's implementation in NodeJs

Problem Name :  Producer-Consumer Problem (Also Known as Bounded Buffer Problem ) Goal :  It's explain you "multi-process resource synchronization problem". Problem Statement :  there are many producers and many consumers, the work of producer is to generate/produce things/jobs/items any things and the work of consumer is to consume things/jobs/items/any things produced/generated by producer. What is the NodeJs ?                   Node.js is a platform built on  Chrome's JavaScript runtime  for easily building fast, scalable network applications. Node.js uses an event-driven, non-blocking I/O model that makes it lightweight and efficient, perfect for data-intensive real-time applications that run across distributed devices. Code : var express = require('express'); var app = express(); var queue = []; //Default Handler app.get('/',function(req,res){ res.send('Producer/Consumer Server'); }); //Producer Handler app
Read more

Rajiv Gandhi Equity Savings Scheme

    (I) Introduction to Rajiv Gandhi Equity Savings Scheme, 2012 1) What is Rajiv Gandhi Equity Savings Scheme, 2012 (RGESS)? With an objective to encourage flow of savings of the small investors in domestic capital market, the Government of India announced a scheme named Rajiv Gandhi Equity Savings Scheme, 2012 (RGESS). 2) Does RGESS offer any tax benefits? A new section 80CCG under the Income Tax Act, 1961 on ‘Deduction in respect of investment under an equity savings scheme’ has been introduced to give tax benefits to ‘New Retail Investors’ who invest up to `50,000 in ‘Eligible Securities’ and have gross total annual income less than or equal to Rs.10 Lakhs. 3) Who is a ‘New Retail Investor’? A ‘New Retail Investor’ is any resident Individual  ü who has not opened a demat account and has not made any transactions in the equity or derivative segment as on the date of notification of the scheme i.e., November 23, 2012. OR ü who has  opene
Read more