Under Section 80C, a taxpayer can lower their overall taxable income by a maximum of Rs 1.5 lakh per year. As there is a limit of Rs 1.5 lakh per year, most taxpayers wish to reduce their taxes. here ...

Budget 2023: What is Section 80C of the Income Tax act? Section 80C is a popular tax saving option in the Income Tax Act. It allows individuals to reduce taxable income by making tax saving ...

The Finance Minister, in the Budget 2024 speech, announced that the tax deduction limit under Section 80C will remain unchanged. For the current fiscal year 2023-24 and the upcoming fiscal year ...

Budget 2024: One common ask every year is that the limit for deductions under Section 80C should be hiked from Rs 1.5 lakh. This limit was last revised in the 2014-2015 Budget from Rs 1 lakh. Section ...

Ahead of the announcement of Union budget 2023, scheduled for 11 am on Wednesday, salaried professionals are, as always, looking forward to income tax-related announcements in finance minister Nirmala ...

Since its last review in 2014, Section 80C of the Income Tax Act requires necessary modifications to enhance its effectiveness in tax savings. (Image: Freepik) Union Budget 2025: Significantly ...

Budget 2023 Section 80C limit increase expectation: Individual investors as well as finance and tax experts are expecting the Government to raise the deduction limit under Section 80C from Rs 1.5 lakh ...

Aside from a revision of income-tax slab rates, one of the big asks by the individual taxpayer is a hike in the Section 80C tax deduction benefits. Section 80C tax deduction benefits entail that your ...

Legitimately reducing tax liability is every taxpayer’s dream. Planning investments in tax saving schemes can be particularly useful in reducing taxable income. One of the ways to enjoy tax benefits ...