When it comes to income tax planning in India, Section 80C of the Income Tax Act is the most widely used tax-saving option.
With the introduction of the new tax regime, several deductions/exemptions under the Income Tax Act, 1961 have lost much of their relevance given that 72% (for the AY 2024-25) have filed their tax ...
As the Budget 2026 approaches, both taxpayers and financial professionals are already speculating about the impending changes ...
Under the new tax regime, home loan interest can be claimed only against rental income after the 30 percent standard ...
Tax saving mutual funds or ELSSs invest in stocks. Therefore, they have a very high risk. You should be aware of this aspect, ...