When it comes to income tax planning in India, Section 80C of the Income Tax Act is the most widely used tax-saving option.
Finance Minister Nirmala Sitharaman has dashed the hopes of salaried employees who opt for the old tax regime. No hike has ...
ELSS allows up to Rs 1.5 lakh tax deduction under Section 80C of the Income Tax Act, with a three-year lock-in. Switching ...
Under the new tax regime, home loan interest can be claimed only against rental income after the 30 percent standard ...
Overview: ELSS funds offer tax deductions up to Rs. 1.5 lakh under Section 80C.They have the shortest lock-in period of three ...
Section 80C of the Income Tax Act lets individuals and Hindu Undivided Families (HUFs) claim deductions of up to Rs 1.5 lakh a year for certain eligible investments. This helps reduce your taxable ...
Interest rates on recurring deposits are usually similar to those on savings accounts but may vary depending on the bank and ...
Payment of premium on life insurance policy and health insurance policy not only gives insurance cover to a taxpayer but also offers certain tax benefits. In last year's budget, the Tax Benefit on ...
Equity-linked savings schemes (ELSS) are losing favor among investors as many switch to the new tax regime, which lacks Section 80C benefits. Consequently, Q1 FY26 saw net outflows of Rs 1,616 crore ...