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Explained: What is Section 80C in Income Tax Act and how can you save up to Rs 1.5 lakh yearly?
Section 80C in Income Tax Act: Section 80C of the Indian Income Tax Act is the most popular income tax-saving measure when it comes to planning in India. Whether you are a salaried individual, a ...
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Can you claim tax benefits on your wife's PPF or ELSS investments under Section 80C? Here's what the rules say
Investments made under certain eligible categories allow individuals and Hindu Undivided Families (HUFs) to claim deductions under Section 80C of the Income Tax Act. While many tax-saving instruments ...
ELSS funds are popular for tax savings under Section 80C, offering a blend of equity exposure and long-term growth potential. Their 3-year lock-in period promotes discipline in investing, making them ...
The old tax regime rewarded disciplined investing. Every contribution not only built a long-term corpus but also reduced tax ...
Even under the new tax regime, employer contributions to NPS remain deductible under Section 80CCD(2). This reduces taxable income and helps build long-term retirement ...
Under changes announced in the Union Budget 2025, resident individuals opting for the new tax regime can pay zero income tax ...
As an individual taxpayer, if you are a risk taker, do not mind earning market-linked returns, and are filing tax under the Old Tax Regime, there are certain worthwhile investment avenues.
If you have traits of a risk-averse individual, make sure you are not investing in any and every tax-saving avenue out there.
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