Filing ITR? These Expense-Based Deductions can save your Income Tax u/s 80C to 80U
Filing your income tax return can be a daunting task, but understanding the deductions available to you can significantly ease …
tax saving
ITR filing 2024: Forms, eligibility criteria, and what you need to know
It’s that time of year again when people and businesses across India focus on filing their income tax returns (ITR). …
Battle for retirement savings: NPS vs PPF vs EPF. What’s the better option?
For many Indians planning their retirement, choosing the right investment option can be confusing. Traditionally, Public Provident Fund (PPF) and …
Income Tax: Deadline to seek tax exemption via ELSS is today, not March 31. Here’s why
Since the financial markets are closed for three days, mutual fund houses will not be able to process the transactions …
Submit investment proof to reduce TDS by March 31: Details here
Submitting Form 12BB to your employer on time can significantly reduce TDS for the majority of the year. Photo: Shutterstock …
Section 80CCD – Deduction for Contribution to Pension Funds (NPS & AYP) by employee, employer and voluntary contribution
Section 80CCD of the Income Tax Act, 1961 is a provision that provides tax benefits for contributions made towards the …
Section 80D : Deduction in respect of medical insurance premium
Payment of premium on life insurance policies and health insurance policies not only secure your life and give insurance coverage, …
Section 80C – Detailed explanation
Deduction in respect of life insurance premium, deferred annuity, contributions to provident fund, subscription to certain equity shares or debentures, …
