Deductions under the old tax regime such as Section 80C, 80D and home loan interest benefits have remained unchanged for nearly a decade, despite rising inflation, healthcare costs and housing prices.

Most deductions claimed by taxpayers are under Section 80C, and its expected that deduction limit will be hiked in Union ...

Budget 2026: As the Union Budget 2026 nears, taxpayers anticipate changes to income tax slabs, deductions, and rebates.

Ahead of Budget 2027, experts expect limited income tax changes, with focus on tax certainty, TDS simplification, and possible relief under Section 80C.

Section 80C in Income Tax Act: When it comes to income tax planning in India, Section 80C of the Income Tax Act is the most ...

As Budget 2026 approaches, expectations among taxpayers—especially the middle class—are running high. One of the biggest ...

Equity-linked savings schemes (ELSS) are losing favor among investors as many switch to the new tax regime, which lacks Section 80C benefits. Consequently, Q1 FY26 saw net outflows of Rs 1,616 crore ...

Section 80C lowers your tax liability by a maximum of ₹1.5 lakh through instruments like PPF, ELSS, and life insurance premiums. But once that limit is reached, most taxpayers overlook other ...

Payment of premium on life insurance policy and health insurance policy not only gives insurance cover to a taxpayer but also offers certain tax benefits. In last year's budget, the Tax Benefit on ...

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 ...