We have created this calender to allow you to keep track of various due date & deadlines. What's best is the eLagaan team will continue to add/edit events as they change or become necessary, so you always stay up to date.
You can either visit this page to refer to the calendar or add it to your Google Calendar (recommended), which can then remind you of these due dates.
Employer's contribution to New Pension Scheme is now allowed as additional exemption above the normal limit of Rs.1Lac under section 80C. This contribution is however limited to a cap of 10% of basic salary paid to employee.
Employee's contribution shall continue to be under Rs. 1 Lacs ceiling under section 80C
The Central Government has allowed income tax savings under section 80CCF, for investments made in specified Long term infrastructure bonds upto a limit of Rs. 20,000. This has been done to boost investments in and improve state of infrastructure in India.
This is currently available for FY2010-2011 and FY2011-2012. Allowed list of Bonds are:
FINANCIAL YEAR 2010-11, ASSESSMENT YEAR 2011-12