The March 31st deadline for tax-saving benefits approaches. Investors in the old tax regime must make informed decisions to ...
Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...
"Assess your EPF ( Employees' Provident Fund) contributions, insurance premiums, and other deductions. Invest in ELSS only if you fall short of the Rs 1.5 lakh limit under Section 80C," says Rajani ...
The regime allows taxpayers to claim deductions on various investments and expenses, which can significantly lower their ...
ELSS mutual funds invest at least 80% in stocks in accordance with Equity Linked Saving Scheme, 2005. These schemes have a ...
India's Income Tax Act offers numerous sections under which taxpayers can claim deductions to save on taxes, with Section 80C ...
As the current financial year nears its end, taxpayers rush to maximize deductions and minimize liabilities. Here are some last-minute tax-saving options for taxpayers.
Though these deductions find no place in the new tax regime, heres why some investments still deserve a place in your ...
ELSS offers high returns, tax efficiency, and flexibility, making it a compelling long-term investment option despite new tax regime.
The new Income Tax Bill, tabled today in the Lok Sabha, retains all the deductions and exemptions but under new section ...
public provident fund (PPF), life insurance premiums, and others. These tax instruments also include equity linked savings scheme (ELSS) for which taxpayers are typically given income tax ...
While the bill suggests various amendments, the fundamental income tax rates and capital gains tax rates remain unaltered at ...