However, deductions under Section 80C are only applicable to the old tax regime. The new tax regime already offers other benefits to taxpayers, and therefore does not offer this exemption.

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. Section 80C is a ...

The primary purpose of life insurance is to provide a death benefit that can take care of your loved ones financially. A ...

Senior citizens look for investment options that not only protect their capital but also provide a steady income, easy access ...

We look at five of the popular deductions you can claim u/s 80C in 2023-24. Public Provident Fund The investment made in Public Provident Fund (PPF) qualifies for tax benefits under Section 80C of ...

Income Tax Calculator: If you have taken one step further to look into tax-saving investment options, you might be familiar with Section 80C of the Income Tax Act, 1961. Photo: PTI. As per the Income ...

The new income tax regime's elimination of Section 80C benefits has led to outflows exceeding Rs 2,000 crore from Equity ...

Those who have made investment declarations to their employees to save funds under section 80C, would have another month or two to show proof of investments to their employers. One needs to give ...

Investing in ELSS funds (Equity Linked Savings Schemes) is one of the most efficient ways for individuals to grow their ...

If you’re looking for a long-term, low-risk investment, you might want to look at the Kisan Vikas Patra (KVP). KVP is a ...