Major tax-saving investments, eligible for deductions under the overall Section 80C limit of Rs 1.5 lakh per annum, include ...
Ahead of Wednesday’s Union Budget presentation, Agra-based Punit Chahar has a special request. He wants the finance minister to increase the deduction limit under section 80C of the Income Tax (I-T) ...
Legitimately reducing tax liability is every taxpayer’s dream. Planning investments in tax saving schemes can be particularly useful in reducing taxable income. One of the ways to enjoy tax benefits ...
Budget 2024: One common ask every year is that the limit for deductions under Section 80C should be hiked from Rs 1.5 lakh. This limit was last revised in the 2014-2015 Budget from Rs 1 lakh. Section ...
As the Union Budget 2025 nears, taxpayers are eagerly awaiting possible changes in the income tax regime. The main focus is the long-standing demand for raising the deduction limit under Section 80C ...
The scheme offers 8.2 percent per annum, payable from the date of deposit to March 31/Sept 30/December 31 in the first instance and thereafter, interest is payable on April 1, July 1, October 1 and ...
Ever wondered how your annual Rs 1.5 lakh PPF investment can turn into a 40 lakh corpus? Discover the power of compounding, ...
There's more to tax0-saving than just Section 80C. The other sections mentioned here too offer good tax deductions to taxpayers. Paying tax often pinches an investor's pocket but no tax planning ...
Many taxpayers exhaust the limit of Rs 1.5 lakh under Section 80C and yet want to bring save more tax. The last date to save tax for the financial year 2021-22 is March 31, 2022. With a little more ...
Union Budget 2021: Section 80C of the Income-tax Act, 1961 is one of the most popular for tax saving investments. Budget 2021: In the last decade the limit for Section 80C has been revised only once.
Understanding the nuances of tax deductions can be a daunting task for many. But many taxpayers in India make a popular choice—the tax deduction they avail is the 80C deduction. This section of the ...