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Friday, August 31, 2012

The implications of Direct Tax Code on deduction under section 80c is an interesting topic of debate. The impact on DTC on section 80c migth be true or not because it is not implemented yet. So it is really hard to say anything about this provision on section 80c.However, still I would like to mention something that will be in all probability implemented in new DTC. Currently available section 80c for repayment of the housing loan might be continued. In the new provision the deduction in equity linked saving scheme might not be continued .

Saturday, August 11, 2012

TDS rates as given in the income tax act should be followed for deducted tax at source. TDS rates are different. TDS rates are different for TDS on rent and it is different for TDS on salary. If an employer is giving salary then he must deducted TDS if the salary given or to be given is more than the maximum amoutn exempt from tax. For a complete guide on TDS Rates you must refer to tdsrates.in This is one place where all the information on TDS and its related sections can be found out.

TDS full form is tax deducted at source and rates of TDS are very important for any accountant. 

Monday, June 11, 2012

Project Financing is one of the most high paying fields for finance professionals. Almost all the CAs in one way or the other want to do project financing because it helps them get huge return. Say for example if they arrange finance for a project for Rs one crore and they get one percent in commission they they earn Rs one lack.
This is power and potential for project financing field. This is the reason why a lot of companies like VRN Financial Services has entered into this business. If you have the links and knowledge of this subject then it surely is one of the high paying fields.

Saturday, April 28, 2012

Deduction under section 80c are the investments options that gives the person doing the investment option to get deduction under section 80c. www.section80c.in provides the details of all the investments options that are eligible for deduction under section 80c.

section 80c

section 80c is one of the most powerful sections in the indian Income Tax act and if you are looking for information on section 80c then visit the site http://www.section80c.in section 80c and will get all information on deduction under section 80c

 

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