With just over 10 days left to save on taxes, individuals can invest in instruments under Section 80C to reduce their taxable ...
The Indian taxation framework, as delineated by the Income Tax Act of 1961, may initially seem daunting. Nevertheless, ...
Sections 80D, 80DDB, 80DD, and 80U of the Income Tax (I-T ... A Guideline To Filing Claims Under Section 80C Section 80D: Allows deductions for medical expenses incurred on self, spouse, children ...
KK Sanon You can definitely claim a deduction for Rs 75,000 under Section 80U of the Income-tax Act 1961 ... Maximum deduction permissible under Section 80C of the Act is Rs 1,50,000.
The last date for making tax-saving investments to avail deductions of up to Rs 1.5 lakh under Section 80C is March 31. These breaks are available only under the old regime, which will cede ...