Most deductions claimed by taxpayers are under Section 80C, and its expected that deduction limit will be hiked in Union ...
Section 80C in Income Tax Act: When it comes to income tax planning in India, Section 80C of the Income Tax Act is the most ...
Union Budget 2026 may bring major income tax changes, including revisions in tax slabs, HRA rules, 80C and 80D deductions, ...
Budget 2026: As the Union Budget 2026 nears, taxpayers anticipate changes to income tax slabs, deductions, and rebates.
Budget 2026: In the General Budget 2026, middle-class taxpayers want the government to increase the limit of Section 80C of ...
Ahead of Budget 2027, experts expect limited income tax changes, with focus on tax certainty, TDS simplification, and possible relief under Section 80C.
These measures would help boost insurance penetration, channel long-term savings into annuity and retirement products, and ...
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 ...
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 ...
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 ...