80C deductions are available only under the old tax regime. Different investments which are eligible for deduction u/s 80C have different lock-in periods. Taxpayers must choose the investments ...
Tax Benefit - The major advantage of using Section 80C is that it allows you to reduce your taxable income, in turn, lowering ...
People are expecting an increase in the deduction limit under Section 80C. Here are the details of it. Section 80C of the ...
Under Section 80C, investors can claim a deduction of up to ₹1.5 lakh by investing in ELSS funds. If an investor decides to opt for the old tax regime, he/she can still take advantage of the ...
However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).
Investment in the 5-year FD also offers tax benefits under Section 80C of the Income Tax Act, 1961. Canara Bank offers an interest rate of 6.85% in the 1-year, 6.80 per cent in 3-year and 6.70 per ...
However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).