A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly ... Our opinions are our own. Here is a list of our partners and here's how we ...

Our opinions are our own. Here is a list of our partners and here's how we make money. Deductions, also sometimes called tax write-offs, are eligible expenses that you can deduct on your return to ...

Employer contributions to NPS under Section 80CCD (2) are allowed up to 14% of Basic Salary + Dearness Allowance (DA) for central government employees and 10% for others. Specially-abled individuals ...