Tax-saving investments: Many taxpayers opt for the section 80C benefit as their preferred tax-saving avenue. Section 80C of the Income Tax Act of India exempts various expenses and investments ...
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 ...
Currently, the benefit of section 80C is not available under the default (new) tax regime and it would be expected that this ...
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.
Post Office Savings Schemes in India offer secure investment options with assured returns and tax benefits under Section 80C of the Income Tax Act. The schemes, including PPF, NSC, SSY ...