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) ...
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Explained: What is Section 80C in Income Tax Act and how can you save up to Rs 1.5 lakh yearly?
Section 80C in Income Tax Act: Section 80C of the Indian Income Tax Act is the most popular income tax-saving measure when it comes to planning in India. Whether you are a salaried individual, a ...
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 Finance Minister, in the Budget 2024 speech, announced that the tax deduction limit under Section 80C will remain unchanged. For the current fiscal year 2023-24 and the upcoming fiscal year ...
As the 31st March deadline is approaching, taxpayers are in a rush to find more tax saving options. Some of them might have already exhausted their section 80C limits and are unaware of how to save ...
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 ...
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 ...
Budget 2023 Section 80C limit increase expectation: Individual investors as well as finance and tax experts are expecting the Government to raise the deduction limit under Section 80C from Rs 1.5 lakh ...
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