Isn't the current exemption limit up to 50,000?
On 26/11/2011, Madhav kumar <ca.madhavku...@gmail.com> wrote: > Sub: Increase in exemption limit in Income tax for visually challenged > persons with severe disability. > > Dear Sir, > > It is very sad to state that with rising inflation, the exemption limit for > Visually challenged in Income tax act is still only limited to Rs 100,000 > under section 80 U. Thus there is net saving of only 10,000 p.a for a blind > person. *This means merely Rs. 833.33 per month is available extra to a > blind person which in insufficient with rising inflation and transport > cost. A blind person has to spend double the amount in transportation and > other day to day activities. * > > *It is therefore proposed to increase the exemption limit for blind person > upto 5 lacs in lines with senior citizen above 80 years. * > > * * > > Rgds > > Madhav > > Search for old postings at: > http://www.mail-archive.com/accessindia@accessindia.org.in/ > > To unsubscribe send a message to > accessindia-requ...@accessindia.org.in > with the subject unsubscribe. > > To change your subscription to digest mode or make any other changes, please > visit the list home page at > http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in > > Search for old postings at: http://www.mail-archive.com/accessindia@accessindia.org.in/ To unsubscribe send a message to accessindia-requ...@accessindia.org.in with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in
