Tax-Saving FDs provide a secure and efficient way to grow your savings while benefiting from tax deductions under Section 80C. With guaranteed returns and capital protection, they are an ideal choice ...

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).

Summary: Section 80C of the Income Tax Act provides tax-saving opportunities for individuals and Hindu Undivided Families (HUFs) by allowing deductions on specific investments and expenses. Eligible ...

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).

This deduction is available over and above the INR 1.5 lakh limit under Section 80C, but only under the old tax regime. Section 80D covers premiums paid for self, spouse, dependent children, and ...

Section E provides deductions on any interest that is paid on an education loan, while Section 80C provides deductions on the tuition fee. In case the education loan is taken for studies outside India ...

Section 80GG of the Income Tax Act provides tax deductions for individuals paying house rent but not receiving House Rent Allowance (HRA) from their employer. Updated On - 22 Oct 2024 This is ...

Submit the LIC Premium Paid Certificate to your employer and claim income tax exemption under section 80C. If you are facing any issues in downloading the premium paid statement post your query in the ...