its usually 2.5 lakhs for all the people and extra one lakh for visually challenged.
On 7/12/14, Ekinath Khedekar <ekin...@gmail.com> wrote: > Dear Arvindji, > > Can you please offer reference to 3.5 lakhs exemption for my benefit? > > And us, means general public or disableds? > > @All, > Please understand PPF increase to 1.5 lakh is still under 80C > exemption which is now of 1.5 lakh over all. However, it is notable > that the invested amount in the form of PPF over and above exclusion > to the maximum limit of 1.5 Lakh of 80c will be taxable, only interest > on it will be tax free as usual. > > SO for example, my 1 lakh out of 1.5 80C exemption is made up by home > loan principal and insurance then I should only invest 50k in ppf. If > I invest full 1.5 lakh in ppf then 1 lakh surplus PPF investment over > shooting the 80c basic limit by 1 lakh will not be exempted. Only > interest earned on over all ppf investment will be taxed exempted as > usual. > > So please don't use incremental PPF limit as tax saving but may be as > extra long term savings. > > According to me for and for me, the total exemption has increased by > 1.5: 50k in 80c, 50 in basic slab and 50 in home loan interest payment > exemption under 24B. > > > Regards > > > > > > > On 7/10/14, bhawani shankar verma <bsvermad...@gmail.com> wrote: >> Dear list, >> >> it is proposed to establish 15 new braille presses in this budget. >> >> bhawani shankar verma punjab national bank durg, chhattisgarh >> Ph:9827157594 >> office:07882332562/2323097 skype : bsvermadurg >> >> >> Register at the dedicated AccessIndia list for discussing accessibility >> of >> mobile phones / Tabs on: >> http://mail.accessindia.org.in/mailman/listinfo/mobile.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 >> >> >> Disclaimer: >> 1. Contents of the mails, factual, or otherwise, reflect the thinking of >> the >> person sending the mail and AI in no way relates itself to its veracity; >> >> 2. AI cannot be held liable for any commission/omission based on the >> mails >> sent through this mailing list.. >> > > > -- > *************** > > "I am only one, but I am one. I cannot do everything, but I can do > something. And because I cannot do everything, I will not refuse to do > the something I can do. What I can do, I should do. And what I should > do, by the grace of God, I will do." > EDWARD EVERETT HALE. > > > > Register at the dedicated AccessIndia list for discussing accessibility of > mobile phones / Tabs on: > http://mail.accessindia.org.in/mailman/listinfo/mobile.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 > > > Disclaimer: > 1. Contents of the mails, factual, or otherwise, reflect the thinking of the > person sending the mail and AI in no way relates itself to its veracity; > > 2. AI cannot be held liable for any commission/omission based on the mails > sent through this mailing list.. > Register at the dedicated AccessIndia list for discussing accessibility of mobile phones / Tabs on: http://mail.accessindia.org.in/mailman/listinfo/mobile.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 Disclaimer: 1. Contents of the mails, factual, or otherwise, reflect the thinking of the person sending the mail and AI in no way relates itself to its veracity; 2. AI cannot be held liable for any commission/omission based on the mails sent through this mailing list..
