These 5 rules of income tax will change from 1 April
These 5 rules of income tax will change from 1 April
- Tax on LTCG
In case of a mutual fund having equity and equity, if there is a profit of more than Rs lakh rupees, it will have to pay 10% long term capital gains tax on it. However, the government has said that no LTCG tax will be applicable on the shares not listed.
- Taxes on a policy with a SINGLE premium
Taxpayers will have to pay a single premium premium for the next financial year, which has a term of more than one year. It will get relief in tax on the amount of time it will be covered for years.
- LTG Relief on Investment in Government Bonds
If a person invests in the government bond, it will be allowed in long-term capital gains tax under section 54C. However, this bond has to be kept for at least three years.
- 1 lakh rupees for serious illness
80 DDB offers a one lakh rupees for all senior citizens by raising deduction limit for medical expenditure under 60 DDB to 60,000 rupees in case of senior citizens and raising from 80,000 in case of senior citizens. This will give an additional tax benefit of Rs 4,000 crore to senior citizens.
- 40,000 relief in standard deduction
Each taxpayer will get a discount of 40 thousand rupees while returning the file. However, the biggest benefit of this taxpayers will be the taxpayers. It will save at least 5800 rupees in every person's taxable income.
read news in gujarati
0 Komentar untuk "These 5 rules of income tax will change from 1 April "