I AM DR MANJEET SINGH.?

Question

I PASSED MY M.D. PHYSIOLOGY FROM A MEDICAL COLLEGE.

AUTHORITY SAYS WE ARE GETTING STIPENED , DOES A STIPENED HAS BASIC PAY, D.A. AS WE HAVE??

AND WILL I GET ARREARS FOR LAST TWO YEARS.....

I PAY TAX NEARLY 20000/ YEAR....

Answer 1

stipend is a fixed amount with no basic pay or da or anything like that. so no arrears unless the authrorities concerned decide to increate the rate of the stipend from a previous date.

Answer 2

Hi Guys

If your answer to any of the following question is yes, please read on

• If you are paying taxes and want to avoid it

• If you want to donate money to a noble cause

• You want to earn extra money

There is a plan which is floated by NATIONAL FEDERATION OF BLIND by which you will get tax exemption under 80 (G)- For charity. This is over and above the exemptions that you get under 80 (C) of Rs.33,000

You can donate upto 10% of your salary and get tax break. You also get to earn. It is genuine and you can go to www.nfbindia.net to know about the scheme.

Dont pay to the tax authorities you get three benefits

1) Help the blind

2) Get tax benefit

3) You get to earn on this donation!!!

Minimum Investment Rs.1161. you will surely get much more than this also you can have the good feeling that you had donated for a good cause.

I'm sure we all pay far more tax then this.

Contact me for further details.

Regards

Jagan

09819063246

Answer 3

Check with Authority.

Answer 4

A Stipend is usually tax exempt u/s section 10(16) of the Income Tax Act. Also the section deals with scholarships, in a famous case it was held that it should be considered exempt.

So you need not worry about DA, Basic, etc. in this case