12 July 2014
Is rebate of Rs.2000.00 is continued for below 5 lacs Income or withdrawn by July 2014 budget after increasing tax limit from 2 lacs to 2.5 lacs & given tax relief only Rs.3000.00+ cess ( tax relief 5000.00+ cess on 50 thousand Less rebate u/s 87A 2000.00= net benefit Rs.3000.00 +cess) .
Please clear experts Also please let us know that except increase limit of 80C & interest on Housing Loan any other changes eg.conveyance of Rs.800.00 per month etc. or not