Maximize Your Tax Savings Before March 31st The last date for investing to save income tax (Tax Saving Planning) is fast approaching—March 31st. If you want to save tax this year, you must make your ...

My daughter is 21 years old, dependent and has no income of her own ... NRIs cannot avail of any items under section 80C, including PPF, for tax savings. I would like to transfer some of my ...

Section 80C is perhaps the most popular section in the Income Tax Act for claiming tax deductions. You can claim deductions for investments made in different avenues such as PPF, NPS, ELSS ...

You can save up to Rs 1.5 lakh in taxes under Section 80C. This includes deductions for medical ... so your employer can get your tax details right. Check your income by gathering all your income ...

Under the Income Tax Act, Section 80C allows deduction of certain investments and expenses up to ₹1.5 lakh every year for tax payers. This is significant for individual tax payers and Hindu ...

The Income Tax Act offers several important deductions, including the National Pension System (NPS), Employees' Provident Fund (EPF), Public Provident Fund (PPF), Tax-saving Fixed Deposits (with a ...

Please note that the benefit under Section 80C is available if you opt for the old tax regime, and it is not available under the new tax regime, which is the default option. Please read all our ...

You can deposit Rs 1.5 lakh in a year. It also offers guaranteed returns and tax benefits under Section 80C of the Income Tax Act, of 1961. This small savings scheme is open to all individuals, ...