Overview: Section 80C of the Income Tax Act in India allows individual taxpayers and Hindu Undivided Families (HUFs) to deduct certain investments and expenses from their taxable income. This section ...

Income Tax Changes Budget 2024: In the recent Budget 2024 speech, the Finance Minister kept the Section 80C tax deduction limit unchanged. The maximum limit for claiming tax benefits under Section ...

Among the primary expectations of taxpayers are the rationalization of income tax slab rates and an increase in the Section ...

Section 80C: As the Union Budget 2025 approaches, taxpayers and investors are hoping for measures that could ease their financial burden and encourage savings. An important area of focus is the long ...

Taxpayers are keenly awaiting possible reductions in tax rates and increased exemption limits, amid ongoing high inflation ...

Amid rising healthcare costs, there is growing demand to raise the tax deduction limits under Section 80D for health insurance premiums ...

No hike has been announced in the Section 80C deduction limit in Budget 2025. Deduction under Section 80C of the Income Tax Act is available under the old tax regime only. For the upcoming fiscal year ...