Section 80C of the Income Tax Act lets individuals and Hindu Undivided Families (HUFs) claim deductions of up to Rs 1.5 lakh a year for certain eligible investments. This helps reduce your taxable ...
The Tribunal held that while interest on enhanced compensation was taxable as per settled law, the exemption claim for land compensation required verification. The matter was remanded for fresh ...
As the Indian Union Budget 2026 approaches, personal taxpayers anticipate significant reforms. The article highlights a ...
ELSS does not offer tax deductions under the New Tax Regime. However, it still has the potential to deliver strong returns ...
Once a popular choice for locking in tax benefits under Section 80C, ELSS now faces questions about its relevance since the ...
Exemptions, deductions and rebates may sound similar, but they work at different stages of tax calculation and directly ...
Ahead of Budget 2027, experts expect limited income tax changes, with focus on tax certainty, TDS simplification, and possible relief under Section 80C.