Section 80C of the Income Tax Act allows taxpayers to avail deductions of Rs 1.5 lakh during a financial year. Though the 2025-26 financial year has over five months still to go, planning in advance ...

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 ...

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 ...

Among the most popular Section 80C options are Equity Linked Savings Schemes (ELSS), the Public Provident Fund (PPF) and tax-saving Fixed Deposits (FDs).

All of us avail tax benefits under Section 80C of the Income Tax Act, but only a few are aware that these benefits come with certain strings attached. Let us discuss those strings. Tax benefit for ...

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 ...

What is Section 80C? How do you best use the Rs 1 lakh exemption limit under Section 80C? What are the instruments you can invest in to take maximum advantage of Section 80C? In a chat with Get Ahead ...

Union Budget 2021: Section 80C of the Income-tax Act, 1961 is one of the most popular for tax saving investments. Budget 2021: In the last decade the limit for Section 80C has been revised only once.

Many taxpayers exhaust the limit of Rs 1.5 lakh under Section 80C and yet want to bring save more tax. The last date to save tax for the financial year 2021-22 is March 31, 2022. With a little more ...