18 August 2009
Hello Everyone, my query is about the investments that can be made to avail the deduction limit of 3 lakhs under the newly introduced Income Tax Code. Earlier it included PF, PPF, LIC Premiums, Children School Fees, Tax Saving Mutual Funds, Stamp Duty & Registration Paid to acquire a new Residential House Property, Principal Component of Housing Loan Repayment etc.
Whether they'll stay or some will be removed from 01-04-2011