Sentences with phrase «by salaried individuals»

This section of Income Tax Act allows maximum deduction of up to Rs1, 50,000 and can be used by both salaried individuals and taxpayers of all categories regardless of their source of income.

While VPF and EPF scheme can only be availed by salaried individuals.

This is a helpful program that can be used by a salaried individual, working professionals, and business owners too.

Not exact matches

The underwriting team in the insurance company will check your eligibility to take a policy by checking your Annual Income proof, which can be the Form 16 for the last financial year or last 3 months» salary slips for salaried individuals and Saral or ITR4 Form for Tax Filing for businessmen.

The salaried individuals can pay the taxes online by following some simple steps.

For example, in the case of the accident policy offered by Tata AIG, for salaried individuals, the sum insured provided is only10 times the annual income and for self - employed individuals, it is 20 times the annual income.

When the different sections of Income Tax Act help the salaried individuals to save on tax by introducing a fraction of ways, House Rent Allowance (HRA) has been considered as an easy - to - claim process, to bring down your tax liabilities.

The broad spectrum of benefits offered by Group Personal Accident plans play a very important role in any salaried individual's life.