Income Tax Rebates allowable FY09-10?

Question

what are kinds of rebates allowed under various sections like 80D/80c/80ccc etc allowed to save from I.Tax during FY 2009-10,latest Finance act

Answer 1

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According to the latest Finance Act, the Income Tax Rebates allowable for FY 09-10 are the same as FY 08-09.

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Answer 2

First time Homebuyer credit
Energy efficiency credit--25% of cost of all home appliances with Energy Star ratings will get a credit, up to a max of $1500.

Answer 3

The maximum amount deductible under section 80C is Rs. 1,00,000. Also the total amount of deductions under sections 80C, 80CCC and 80CCD is Rs. 1,00,000.
Read about Investment/insurance based Deductions from the Income: Section 80C, 80CCC, 80CCD, 80CCE http://mytaxes.in/index.php?topic=24.0