Deduction
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 February 2013
Apart from section 80C, there is any other deduction, a salaries employee can get. Please suggest? What about rajiv gandhi scheme in which additional 50000 can calim as a deduction
17 February 2013
Yes, under section 80CCG, you can claim deduction upto Rs 50,000 invested in Rajiv Gandhi Equity Saving Scheme provided your annual income is less than Rs 10,00,000. Also, deduction shall be restricted to 50% of the amount invested.
Similar deduction was made availble under 80CCF for investment in infrastructure bonds. But the same has been discontinued now.
Similar deduction was made availble under 80CCF for investment in infrastructure bonds. But the same has been discontinued now.
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