With just over 10 days left to save on taxes, individuals can invest in instruments under Section 80C to reduce their taxable ...
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Newspoint on MSNTax Saving: This is how your tax is saved under section 80C, see all the details related to itTax Saving Section 80C Taxpayers can save up to Rs 1.5 lakh tax on their income (salary) under the old tax regime. If you ...
Life insurance sector saw yoy contraction in first year premiums of -11.6% in February 2025. Private insurers did better, ...
Life insurance is typically covered under Section 80C of the Income Tax Act. However, when it comes to health-related riders attached to a life insurance policy, such as critical illness cover or ...
Another key benefit is under Section 80C, which permits deductions of up to Rs 1.5 lakh annually. Let's look at some of the savings schemes that offer tax benefits under Section 80C.
Choose the Old Regime if you have significant tax-saving investments (PPF, EPF, LIC, etc.) and claim deductions like HRA, 80C, and 80D. Choose the New Regime if you do not have many deductions and ...
The provision under section 80C enables taxpayers to claim deduction for investing in various financial instruments such as small savings schemes, public provident fund (PPF), life insurance ...
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