JavaTechies / Personal Finance

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 .. Increase limit in 80c : 1 lacs to 1.5 lacs  Increase Home loan Interest : 1.5 lacs to 2 lacs 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 inve...

It's raining, sunny and colder climate here. I am @Munich. Let's discuss new very interesting points that you would come to see while filing IT Return for this year 2014 and onward.. yes, in previous years, you didn't declared few allowance separately while filing IT Return and that lovely thing and didn't bother you much ....but this is not case now ..if you filing IT return byown. In this year onward, it's mandatory to declare/show following separate allowance from your section-10 under the form 16. Travel concession/assistance received u/s 10(5) Tax paid by employer on non monetary perquisite u/s 10(10CC) Allowance to meet expenditure incurred on house rent u/s 10(13A) Other exempt allowances u/s 10 - See more at: http://www.taxspanner.com/taxspan/new-rules-of-tax-filing-for-2014/?utm_source=complete_guide&utm_medium=html_email&utm_term=CAMP2466600522013&utm_content=2014-06-24&utm_campaign=ay2013-14_paid#sthash.SIfgDcdV.dpuf  Lea...