Currently, the benefit of section 80C is not available under the default (new) tax regime and it would be expected that this ...

Most taxpayers are familiar with ‘Section 80C’ deductions, available to those who choose the old tax regime. Investment in equity-linked saving schemes (ELSS), public provident fund (PPF ...

Thankfully, the Income Tax Act is packed with provisions that can substantially lighten your tax burden. One such gem is Section 80C, which opens the door to a wealth of tax deduction opportunities.