In view of declining FD interest rates, small savings schemes give relatively higher returns to deposits, while also ...

Filing your income tax return (ITR) for FY 2024–25 (AY 2025-26)? If you’re opting for the old tax regime, make sure you’re ...

Most people stop once they’ve maxed out their 80C investments. It feels like the work is done. You’ve invested in ELSS, maybe ...

Interest rates on fixed deposits (FDs) have been continuously decreasing since the Reserve Bank of India (RBI) cut the repo ...

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.

Tax refund is the amount the Income Tax Department repays to you when the total tax paid by you—through TDS, advance tax or ...

Budget 2023 Section 80C limit increase expectation: Individual investors as well as finance and tax experts are expecting the Government to raise the deduction limit under Section 80C from Rs 1.5 ...

Various industry chambers and associations have also called for an increase in Section 80C limit. Assocham in its pre-Budget 2023 memorandum has called for a hike in Section 80C limit to Rs 3 lakh.

As the Union Budget 2025 approaches, there is growing anticipation for changes to the Section 80C tax deduction limit, which has remained at Rs 1.5 lakh since 2014.

The last time the Section 80C exemption limit was updated was in the 2014-15 Budget when it was raised from Rs 1 lakh to Rs 1.5 lakh.