NPS (National Pension System), and Gold ETFs — each offering unique tax advantages and financial growth potential.
They have a lock-in period of three years, which is the shortest among tax-saving instruments. ELSS can give you higher ...
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 ...
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 ...
One of the biggest ways of reducing one’s tax burden is by claiming the Rs 1.5 lakh deduction available under Section 80C of the Income Tax Act. Section 80C allows individuals to reduce their taxable ...
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 ...
There is a common question on everyone’s mind: How can I save tax on salary? And if you want an answer to the question, then there are many legitimate ways to save tax under the Income Tax Act, 1961.
Various other investment options can also give you additional tax-saving exemptions besides Section 80C. Find out what all falls under this. Section 80C is the most used tax-saving section amongst the ...
When it comes to income tax planning in India, Section 80C of the Income Tax Act is the most widely used tax-saving option. Whether you are a salaried employee, a self-employed professional, or a ...