TDS on Salary
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 April 2011
Dear Sir,
in TDS on salary how many amount of lic Deduted
in TDS on salary how many amount of lic Deduted
07 April 2011
Please elaborate your question.
LIC rebate is allowed under section 80C / 80CCC.... Total cap is Rs. 100000/- for these section. However the premium should not exceed 20 % of sum assured.
LIC rebate is allowed under section 80C / 80CCC.... Total cap is Rs. 100000/- for these section. However the premium should not exceed 20 % of sum assured.
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