Please note that the benefit of section 80C is available only under the old tax regime. You can adopt no strategy to save or reduce this tax. Yes, you can set off any short-term loss you may incur ...

After deducting Rs 1.50 lakh under Section 80C under the Old Tax Regime, his taxable income is estimated to be around Rs 5.50 lakh. How capital gains tax will be calculated for the sale of listed ...

The main focus is the long-standing demand for raising the deduction limit under Section 80C of the Income Tax Act, with tax liability capped at Rs 1.5 lakh from 2014. Provision is the cornerstone ...

One of the key expectations is a rise in the benefits from Section 80C tax deductions. Investing in specific financial instruments or making eligible expenditures can reduce taxable income for ...