Deduction for nri
This query is : Resolved
01 March 2014
Can NRI person get deduction of EPF u/s 80C and Deduction of mediclaim U/s 80D..??please reply its urgent...
01 March 2014
Hi there...
The most popular section for claiming deductions under chapter VI A is Section 80C which involves guidelines for Tax benefits regarding some specific investments and these investment benefits are applicable for NRIs too. An NRI can derive its benefit to reduce his/her taxable income in India.
The most popular section for claiming deductions under chapter VI A is Section 80C which involves guidelines for Tax benefits regarding some specific investments and these investment benefits are applicable for NRIs too. An NRI can derive its benefit to reduce his/her taxable income in India.
01 March 2014
Thank you sir.. but what about deduction of mediclaim.....
01 March 2014
there is no bar on mediclaim either. NRI can claim deduction under the same for mediclaim insurance premium
02 March 2014
Thank you sir
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