Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Section 80C of the Income Tax Act, ...
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Maximize Tax Savings: Claim Up to ₹1.5 Lakh Deduction Annually Under Section 80C – Here's How
Investing wisely not only secures your financial future but also helps in reducing tax liabilities. Under Section 80C of the Income Tax Act, individuals can claim deductions of up to ₹1.5 lakh ...
Deductions like 80C, 80D and home loan benefits haven't changed in years — and what Budget 2026 can fix (Image: AI-generated) For taxpayers who continue to stay in the old tax regime, one complaint ...
Indian taxpayers (salaried employees) can choose from the old tax regime and the new tax regime while filing their taxes. Unfortunately, those who choose the new tax regime (which has now become the ...
A homebuyer from Goa faced two significant issues with the income tax department when his claim for a Section 80C tax deduction related to home loan repayment was denied and the home loan amount was ...
For years, taxpayers have sworn by Section 80C deductions. Investments in public provident fund (PPF), ELSS mutual funds, life insurance, or tuition fees helped shave Rs 1.5 lakh off taxable income.
Over the past few years, the government has made the New Tax Regime far more attractive. As a result, many taxpayers have shifted from the Old Tax Regime to the new one. In doing so, they have had to ...
Did our AI summary help? Budget 2026 has offered continuity on one of the most closely watched tax provisions. Finance Minister Nirmala Sitharaman maintained the Section 80C investment limit unchanged ...
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