INCOME TAX CHANGES

1. Income Tax slabs Rates After Budget 2012
2. Income Tax calculator After Budget 2012
3. Deduction u/s 80C changes in budget Insurance policy
4. Deduction on interest on savings accounts
5. Deduction on preventive health check-up u/s 80D
6. Deduction on Rajiv Gandhi Equity Savings Scheme Launched
7. Senior citizens age For 80D, 80DDB ,Form 15H reduced to 60 Years
8. Good Bye to 80CCF Infra Bonds from FY 2012-13
9. Deduction 80G (donations) 80GGA over 10K must be paid in other than cash
10.Changes proposed in TDS in Budget 2012
11.Change In TCS(tax collection at source ) in union Budget 2012
12.TDS on transfer of certain immovable properties (other than agricultural land)
13.TCS on cash sale of bullion and jewellery
14.Alternate Minimum Tax (AMT) on all persons other than companies:Budget 2012
15.TAX AUDIT LIMIT 44AB ENHANCED 60 LAKH TO 100 LAKH ,15LAKH TO 25 LAKH
16.Income tax changes clause by clause :Budget 2012
17.ULIP will be costlier after Budget