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 ...

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 ...

Many people max out their Section 80C limit — but a major doubt keeps coming up every tax season. If you invest in PPF or ...

ITR filing: When comes to choosing appropriate tax regime for tax calculation, Old Tax Regime is still preferred by many. Old Tax Regime offers various deductions that can help taxpayers save more ...

Union Budget 2023: Section 80C is a very important deduction for individuals, because it relates to payments and investments made in life insurance, provident fund, subscription to equity debentures ...

Budget expectations: When it comes to yearly tax savings, Section 80C is one of the widely used tools for salaried individuals and Hindu Undivided Families (HUFs). Under Section 80C of the Income Tax ...

Budget 2024: With the government preparing to present the Budget for the 2024-25 fiscal year today, investors are eagerly anticipating potential changes. Many are hoping for an increase in the Section ...

Budget 2023: What is Section 80C of the Income Tax act? Section 80C is a popular tax saving option in the Income Tax Act. It allows individuals to reduce taxable income by making tax saving ...

Section 80C of the Income Tax Act, 1961 allows you to save tax by making investments or expenditures under various categories. Every taxpayer who invests in qualified investments (Tax Saving Mutual ...

The ₹1.5 lakh investment limit under Section 80C is very low and is quickly exhausted. If you want to save more tax, you can contribute to the National Pension System (NPS). The NPS is a low-cost ...