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Section 80C of the Income Tax Act is a popular tax-saving provision that allows individuals to claim deductions for investments made in...

In the financial year 2025-26 (Assessment Year 2026-27), salaried employees in India have access to several key deductions under the...

Taxpayers in India have the opportunity to save significantly on their taxes by claiming deductions and rebates under various sections of...

The Union Budget 2025 introduced changes to income tax slabs and Section 87A rebate that bring new benefits for taxpayers. Under the...

When it comes to reducing the tax burden, two provisions in the Indian Income Tax Act, 1961, Section 87A and the standard deduction,...

Section 87A of the Income Tax Act, 1961 , offers a valuable tax rebate for senior citizens, providing relief from their income tax...

When buying immovable property in India, buyers must comply with the deduction of Tax Deducted at Source (TDS) under Section 194IA of the...

Section 80D of the Income Tax Act, 1961 offers valuable tax benefits designed to reduce the financial burden of medical expenses. It...

Health insurance premiums can offer significant tax relief under Section 80D of the Income Tax Act , but the deduction limits vary based...

With the revised income tax regime gaining momentum from April 1, 2025, understanding which deductions still apply has become critical,...