Re: [AI] Increase in exemption limit in Income tax for visually challenged persons with severe disability.
Isn't the current exemption limit up to 50,000? On 26/11/2011, Madhav kumar 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
Re: [AI] Increase in exemption limit in Income tax for visually challenged persons with severe disability.
Dear Friend, The exemption under section 80U is Rs. 1,00,000/- for individuals suffering from severe disability & Rs. 50,000/- for other disabled individuals. Regards Mr. Sameer Latey Mumbai, India - Original Message - From: "Rahul Bajaj" To: Sent: Saturday, November 26, 2011 10:24 PM Subject: Re: [AI] Increase in exemption limit in Income tax for visually challenged persons with severe disability. Isn't the current exemption limit up to 50,000? On 26/11/2011, Madhav kumar 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 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
Re: [AI] Increase in exemption limit in Income tax for visually challenged persons with severe disability.
So, is blindness considered to be a severe disability? On 26/11/2011, Sameer wrote: > > Dear Friend, > > The exemption under section 80U is Rs. 1,00,000/- for individuals suffering > from severe disability & Rs. 50,000/- for other disabled individuals. > > Regards > Mr. Sameer Latey > Mumbai, India > - Original Message - > From: "Rahul Bajaj" > To: > Sent: Saturday, November 26, 2011 10:24 PM > Subject: Re: [AI] Increase in exemption limit in Income tax for visually > challenged persons with severe disability. > > >> Isn't the current exemption limit up to 50,000? >> >> >> On 26/11/2011, Madhav kumar 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 >> > > > > 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
Re: [AI] Increase in exemption limit in Income tax for visually challenged persons with severe disability.
Dear Friend, An individual whose blindness is more than 80% is an individual suffering from severe disability for purposes of section 80U of the Income Tax Act & is eligible for an exemption of Rs. 1,00,000/-. All individuals suffering from blindness less than 80% are eligible for an exemption of Rs. 50,000/- Regards Mr. Sameer Latey Mumbai, India - Original Message - From: "Rahul Bajaj" To: Sent: Sunday, November 27, 2011 12:38 PM Subject: Re: [AI] Increase in exemption limit in Income tax for visually challenged persons with severe disability. So, is blindness considered to be a severe disability? On 26/11/2011, Sameer wrote: Dear Friend, The exemption under section 80U is Rs. 1,00,000/- for individuals suffering from severe disability & Rs. 50,000/- for other disabled individuals. Regards Mr. Sameer Latey Mumbai, India - Original Message - From: "Rahul Bajaj" To: Sent: Saturday, November 26, 2011 10:24 PM Subject: Re: [AI] Increase in exemption limit in Income tax for visually challenged persons with severe disability. Isn't the current exemption limit up to 50,000? On 26/11/2011, Madhav kumar 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 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 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
Re: [AI] Increase in exemption limit in Income tax for visually challenged persons with severe disability.
More than 80 percent disabled is under siviour catagory. - Original Message - From: "Rahul Bajaj" To: Sent: Sunday, November 27, 2011 12:38 PM Subject: Re: [AI] Increase in exemption limit in Income tax for visually challenged persons with severe disability. So, is blindness considered to be a severe disability? On 26/11/2011, Sameer wrote: Dear Friend, The exemption under section 80U is Rs. 1,00,000/- for individuals suffering from severe disability & Rs. 50,000/- for other disabled individuals. Regards Mr. Sameer Latey Mumbai, India - Original Message - From: "Rahul Bajaj" To: Sent: Saturday, November 26, 2011 10:24 PM Subject: Re: [AI] Increase in exemption limit in Income tax for visually challenged persons with severe disability. Isn't the current exemption limit up to 50,000? On 26/11/2011, Madhav kumar 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 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 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
Re: [AI] Increase in exemption limit in Income tax for visually challenged persons with severe disability.
Hello All, I support increase of income tax limit keeping in mind hardships PWD have to face and income group they fall in society. RGDS, Pankaj Kwatra -Original Message- From: accessindia-boun...@accessindia.org.in [mailto:accessindia-boun...@accessindia.org.in] On Behalf Of Madhav kumar Sent: Saturday, November 26, 2011 2:27 PM To: pra...@eyeway.org; accessindia@accessindia.org.in Subject: [AI] Increase in exemption limit in Income tax for visually challenged persons with severe disability. 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.i n .. This e-mail message may contain confidential, proprietary or legally privileged information. It should not be used by anyone who is not the original intended recipient. If you have erroneously received this message, please delete it immediately and notify the sender. The recipient acknowledges that TECNOVATE ESOLUTIONS PRIVATE LIMITED (An Intelenet Group Company), is unable to exercise control or ensure or guarantee the integrity of/over the contents of the information contained in e-mail transmissions and further acknowledges that any views expressed in this message are those of the individual sender and no binding nature of the message shall be implied or assumed unless the sender does so expressly with due authority of TECNOVATE ESOLUTIONS PRIVATE LIMITED (An Intelenet Group Company). Before opening any attachments please check them for viruses and defects. 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
