Clean Simple Tax Benefit for Tax Payer from Budget 2014-2015


Hello My friends,

 This is your own clean simple tax benefit for you only, you would get it from budget 2014-2015 published today by our FM, Sir Arun Jetley.

 Our FM has published many very good benefits for our tax payers and ..give us very nice tax rebate for small & middle tax payer person..

 Today, I am not going to give you all the complete benefit that would help you to save tax and take more money hand home :) yes ..for same i need to read the new budget in detail..

 but do not worry, this post makes you happy and tell you in simple language what you get and  save ...

 following three many point that would help you to save tax and get benefit from this financial while paying tax ..

  1. Increase limit in 80c : 1 lacs to 1.5 lacs 
  2. Increase Home loan Interest : 1.5 lacs to 2 lacs
  3. Increase tax exempt from 2 lacs to 2.5 lacs ..
So, to understand this funda in clean, let's consider you are earning total 10 lacs per year ...

In this year, if you have to invest total 1.5 lacs in two part, first 1 lac that you would get benefit from home loan principal and remaining 50,000 you can invest to PPF .. you can get tax benefit on this complete amount ..

Now, as you might or you have home loan then you can show your home loan interest total 2 lacs, you can get tax benefit on this complete amount. 

Also, you won't get tax up to 2.5 lacs ..so, let me calculate your tax deduction with this simple three new tax rules .



  So, if you understood this rules completely and correctly from above example then you can easily see you are getting total 1.5 lacs amount that decease from your tax payable amount .....and depend on first tax bracket rules ..it's give total 15,000* RS clean tax amount benefit ( this amount is calculated without consider surcharge & education charge**).

Enjoy ..and Ab ki bar Modi sharkar .....

 Ache Din is started ..

 Thanks to FM for this wonderful benefit for your hand worker salary employee.

....


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