With the September 15, 2025 tax filing deadline approaching slowly but surely, many taxpayers in the country are looking to cut liabilities under the old regime. To ensure that this goal is achieved, ...
Aside from a revision of income-tax slab rates, one of the big asks by the individual taxpayer is a hike in the Section 80C tax deduction benefits. Section 80C tax deduction benefits entail that your ...
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 ...
Both options help you claim deductions under Section 80C, but the way they earn, get taxed and fit into your overall plan can be quite different ...
The Tribunal upheld the disallowance of HRA exemption under Section 10(13A) as the assessee failed to submit any supporting ...
All of us avail tax benefits under Section 80C of the Income Tax Act, but only a few are aware that these benefits come with certain strings attached. Let us discuss those strings. Tax benefit for ...
Budget 2026: In the General Budget 2026, middle-class taxpayers want the government to increase the limit of Section 80C of the Income Tax Act from Rs 1.5 lakh to Rs 3 lakh. Budget 2026: As Budget ...
Taxpayers under the old tax regime can claim up to ₹1.5 lakh deduction under Section 80C. But can these tax-saving investments help during a cash crunch? Here’s when and how you can access the money.
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) ...
Income Tax Act 80C and 80D: As of now, 80C and 80D are the two significant sections in the Income Tax Act that help taxpayers save some tax. Income Tax Act 80C and 80D: Section 80C is a popular tax ...