All posts tagged "tax deduction"
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224MUST KNOWNPS tax benefits: How you can claim tax deductions for NPS under old, new income tax regimes
Tax under New Tax Regime: The Centre in its last full Budget, presented on February 1, 2023, introduced a few crucial changes...
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141MUST KNOWA Step-By-Step Guide To Achieve Tax Efficiency Through Insurance
We are well into the New Year and this is the month where financial planning assumes significant importance. Whether for tax planning...
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299ITRAre Your A Senior Citizen Trying To Save Income Tax? Check Out This Provision
Under Section 80D of Income Tax Act, if one or both parents are above 60 years of age or senior citizens, the...
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862ITRITR filing AY 2023-24: How much deduction is allowed for stamp duty, property registration fee?
Section 80C (xviii)(d) of the Income Tax Act, 1961 permits a taxpayer being an individual or member of a HUF to claim...
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593BUSINESSYou can save up to Rs 1.50 lakh tax on buying electric vehicle – here’s how
The automobile industry termed the Budget for 2023-24 as growth-oriented, saying the proposed measures will drive sustainable yet inclusive growth at a...
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486FINANCEBudget 2023: Govt likely to introduce Debt-Linked Savings Scheme on lines of ELSS, deduction under 80C
Budget 2023 and tax deduction under 80C: The lock-in period in DLSS should be three years just like in the case of...
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638MUST KNOWTAN vs PAN: What is Tax Deduction Account Number? Know how to apply
TAN or Tax Deduction and Collection Account Number is a unique ten-digit alpha-numeric number required to be obtained by all persons who...
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796ITRYOUR QUERIES: INCOME TAX: Senior citizens can claim tax deduction on medical expenses up to Rs 50,000
According to Section 80D of the Income Tax Act, senior citizens may avail a deduction of up to Rs 50,000 for payment...
