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Raise tax benefits on Housing Loan/80C limits
by Ananth Pathak (Extn: 7623) on Feb 04, 2010 12:55 PM  Permalink 

As home loans amounts have risen considerably, so it makes sense that its cap is raised for interest from 1.5 to 2.5L, contribution to 80C should be raised from 1 to 3 L.

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tax exemption on self education fees
by hemanth kanamarlapudi on Feb 04, 2010 12:54 PM  Permalink 

it will be good if we introduce tax exemption on the education fees paid by self. It will be helpful for those who are studying while working.

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New DTC
by Jayesh Jain on Feb 04, 2010 12:49 PM  Permalink 

EEE should continue for investment made prior to implementation of DTC. Also, exemption related to HRA, housing loan interest & LTCG exemption should continue in DTC.

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Keep Tax Benefits on Housing Loan/ Long Term Capital Gain
by Kaushik Dutta on Feb 04, 2010 12:45 PM  Permalink 

I request to honorable FM Mr. Pranob Mukherjee to keep the tax benefits on Housing Loan/ Long Term Capital Gain even in the new Tax Code which will be on from 1April 2011 and for 2010 budget, please increase the tax exemption limit from 1.6L to 3L.

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Keep Tax Benefits on Housing Loan/ Long Term Capital Gain
by Kaushik Dutta on Feb 04, 2010 12:43 PM  Permalink 

I request to honorable FM Mr. Pranob Mukherjee to keep the tax benefits on Housing Loan/ Long Term Capital Gain even in the new Tax Code which will be on from 1April 2011 and for 2010 budget, please increase the tax exemption limit from 1.6L to 3L.

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Increase tax and saving limit
by Prashant Deshani on Feb 04, 2010 12:35 PM  Permalink 

Resp Sir It ia humble request to you that please increase the saving limit from 1 lakhs to 1.5/2 lakhs from this budget because after doing hard work entire year and at the end of the year there isa nothing left in the account as highly tax is been deducted.and please increase the amount 1.6 lakhs to atleast 3 lakhs. Also request you too increase the limits of respective components like HRA, TA, etc

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Increase tax and saving limit
by Prashant Deshani on Feb 04, 2010 12:34 PM  Permalink 

Resp Sir It ia humble request to you that please increase the saving limit from 1 lakhs to 1.5/2 lakhs from this budget because after doing hard work entire year and at the end of the year there isa nothing left in the account as highly tax is been deducted.and please increase the amount 1.6 lakhs to atleast 3 lakhs. Also request you too increase the limits of respective components like HRA, TA, etc

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Request to FM
by Taha Abbas on Feb 04, 2010 12:30 PM  Permalink 

Respected Sir,
Would request you to increase the tax exemption limit from 1.6 to 2L atleast . Also would request you to increase the housing loan exemption to atleast 2L.


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tax
by prasanth mv on Feb 04, 2010 12:30 PM  Permalink 

give tax reduction for home loan for one time only. tax bracket should be upto 4.0 lakhs 10%and 20% for 6.0 lakhs 30% for more than 6.0 lakhs

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incometax for retired personnel
by adaikkalam pillai on Feb 04, 2010 12:13 PM  Permalink 

The age for claiming higher incometax limit for retired personnel is 65 now. The senior citizen rank is given to all those who have crossed 60 for the purpose of bank deposits, railway reservation etc. Only for income tax puposes the age is 65. I request the Finance minister to remove this anamoly and have uniform 60 years for all the purposes.

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