Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Finance Act 2015 Amends Section 80U: Increased Tax Deductions for Individuals with Disabilities Effective April 2016.</h1> Section 80U of the Income-tax Act was amended by the Finance Act, 2015, effective April 1, 2016. This amendment allows a resident individual certified by a medical authority as a person with a disability to claim a deduction of seventy-five thousand rupees when computing total income. If the individual is certified as having a severe disability, the deduction increases to one hundred and twenty-five thousand rupees.