Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT ...

Section 80C allows individuals and HUFs to reduce taxable income by up to Rs 1.5 lakh by investing in specified tax-saving ...

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 ...

Most people stop once they’ve maxed out their 80C investments. It feels like the work is done. You’ve invested in ELSS, maybe bought life insurance and tucked away some money in PPF or EPF. But that’s ...

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 ...

PPF is open to all resident Indian individuals and is a long-term savings instrument with fixed returns, full tax exemption ...

Tax season can often feel like a challenge, especially when your goal is to maximise your hard-earned savings. Thankfully, the Income Tax Act is packed with provisions that can substantially lighten ...

The recently introduced Income Tax Bill (ITB), presented in parliament on February 13 by Finance Minister Nirmala Sitharaman, focuses primarily on consolidating dispersed tax provisions, simplifying ...

It is that time of the year again when many taxpayers go shopping for tax-saving investment products as the deadline nears. Section 80C offers taxpayers the widest range of investment options that can ...

Section 80C lowers your tax liability by a maximum of ₹1.5 lakh through instruments like PPF, ELSS, and life insurance premiums. But once that limit is reached, most taxpayers overlook other ...