All posts tagged "tax deduction"
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21FINANCEUnderstanding TDS on Fixed Deposit Interest: How Your Bank Calculates Tax Deduction
When you earn interest from a Fixed Deposit (FD), Tax Deducted at Source (TDS) plays a vital role in ensuring that tax...
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49ITRHow NPS can help you save Rs 55,000 tax in new regime
Pune-based software professional Jairaj Ravi earns well, but also pays a high tax because all the allowances in his salary are taxable...
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50FINANCECan NPS Vatsalya help you get Rs 2 lakh tax deduction like NPS? Read the fine print carefully before investing
Finance Minister Nirmala Sitharaman launched NPS Vatsalya last week. It is an investment scheme to secure retirement savings for your minor children. Parents or...
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68ITRIncome tax benefits for resident vs non-resident taxpayers explained
Residents in India enjoy varying tax benefits based on age and regime, while non-residents have uniform limits. Rebates and deductions differ for...
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68ITRUnion Budget 2024: Will Modi govt expand tax benefits under Section 80EEA to give a boost to affordable housing?
Union Budget 2024: The Indian real estate sector, especially the affordable housing space, is expecting some big reform measures from the Modi...
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127ITRIncome tax filing: Yes, you can claim tax deduction for under-construction property. Here’s how to do it
It is important to understand that you are eligible for deduction on interest paid on your home loan under section 24(b) of...
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74ITRITR 2024-25: How you can save more tax with NPS
Taxpayers are always on the lookout for ways to reduce their tax liabilities, seeking strategies that offer both financial security and regulatory...
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79FINANCE5 Must-Do Financial Tasks Before March 31
New Delhi: On the calendar of every taxpayer, March 31 is a significant occasion as the fiscal year 2023–24 comes to an end....
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143FINANCEFixed Deposit: Know Criteria For Tax Deduction On Earning
Tax on Fixed Deposit Income: Through Tax Saving fixed deposit, which is a popular saving instrument, one can avail the benefit of...
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148ITRHow can I claim tax deduction for interest paid on education loan?
Question: I am an individual taxpayer and intending to avail an education loan on behalf of my daughter who would be pursuing...
