Once a popular choice for locking in tax benefits under Section 80C, ELSS now faces questions about its relevance since the ...
ELSS does not offer tax deductions under the New Tax Regime. However, it still has the potential to deliver strong returns ...
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) ...
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 ...
Ahead of Budget 2027, experts expect limited income tax changes, with focus on tax certainty, TDS simplification, and possible relief under Section 80C.
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 ...
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 ...
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 ...
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 ...