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 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 ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Section 80C of the Income Tax Act, ...

Finding your way through the complexities of the Indian tax system can be a difficult task. However, the Income Tax Act provides some provisions to reduce tax liability, and one of the most popular ...

The new tax regime offers lower rates but fewer deductions, leading many salaried taxpayers to reconsider the old regime.

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 ...

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) ...

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 ...

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 ...

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 ...