Budget 2025: FM Nirmala Sitharaman is gearing up to present the Union Budget 2025 on February 1, 2025, six months after unveiling the full budget of the Modi 3.0 regime. Taxpayers are eagerly awaiting ...
Review salary, investment, and deduction proofs early to avoid last-minute errors and refunds.Use December to plan—not ...
Learn about the top 5 Exempt-Exempt-Exempt (EEE) tax-saving investments in India for 2026, which include insurance, PPF, EPF, ...
Under the allowed deductions, salaried employees and regular pensioners can claim a standard deduction of Rs 75,000, which remains one of the biggest reliefs in the new regime.
You can claim a deduction under Section 80C for contributions made to your own Public Provident Fund (PPF) account, or to the PPF accounts of your spouse or children.
Taxpayers who have opted for the new tax regime are not entitled to claim tax deduction (section 80 C) for investing in small savings schemes which include but not limited to Senior Citizens Savings ...
Among the most popular Section 80C options are Equity Linked Savings Schemes (ELSS), the Public Provident Fund (PPF) and tax-saving Fixed Deposits (FDs).
Most income tax notices involve minor mismatches or routine verification and can be resolved by submitting clarifications or documents. Key takeaway: timely response avoids unnecessary ...