"Know your PAN Structure Meaning of pan digits(Income Tax India)” plus 1 more

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Know your PAN Structure Meaning of pan digits(Income Tax India) Posted: 31 Jan 2011 10:14 AM PST Structure of the new series of PAN : The Permanent Account Number under new series is based on following constant permanent parameters of a taxpayer and uses Phonetic Soundex code algorithm to ensure uniqueness :- i. Full name of the taxpayer; ii. Date of birth / Date of Incorporation; iii. Status; iv. Gender in case of individuals; and v. Father's name in case of individuals (including... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

SECTION 80C TAX SAVING SCHEMES OPTIONS Posted: 31 Jan 2011 10:03 AM PST What is Section 80C In order to encourage savings, the government gives tax breaks on certain financial products under Section 80C of the Income Tax Act . Investments made under such schemes are referred to as 80C investments. Under this section, you can invest a maximum of Rs l lakh and if you are in the highest tax bracket of 30%, you save a tax of Rs 30,000. The various investment options... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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