Tax relief

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32 Points Posted on 17 February 2020
how 100% tax exemption. and which section applicable
sainik welfare and CM Relief found etc... how donation give above mentioned section..
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On 17 February 2020 at 18:08 Report
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This discussion clarifies how to claim tax relief through donations under Section 80G, noting its exclusion from the new tax regime. It also touches upon tax exemptions for funds like Sainik Welfare and CM Relief. Additionally, it outlines tax slabs and rebates applicable to salaried individuals for FY 2019-20, particularly for incomes up to £5 lakhs.

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17269 Points Posted on 18 February 2020
For donation deduction the section remains 80G only.

But between old and new tax regime, the new Wala does not cover 80G section for any tax relief.
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On 18 February 2020 at 02:49
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63 Points Posted on 18 February 2020
What are the Tax slabs & rebate for Salaried person in FY 2019-20 in new Budget.
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On 18 February 2020 at 11:30
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17269 Points Posted on 18 February 2020
Same tax slabs and rebate is actual tax liability or 12500/- whichever is lesser. ( Available only if your total income is upto 5 lakhs or less. Beyond that no rebate.
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On 18 February 2020 at 22:15

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