WebApr 14, 2024 · The tax benefit is capped at ₹1.5 lacs per financial year. PPF falls under EEE (Exempt, Exempt, Exempt) tax basket. Contribution to PPF account is eligible for tax … WebApr 11, 2024 · One of the best features of this scheme is its high-interest rate of 7.5% per annum, which is higher than regular bank fixed deposits and other small savings schemes.
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Taxpayers can save additional tax by investing up to ₹ 50,000 in NPS. This is over and above the benefit, they can claim on contributions under Section 80c. They also have the option of utilizing NPS for the ₹ 1.5 lakh limit of Section 80c. This combination will take total deduction one can claim with NPS to ₹ 2 lakh. Read: … See more To encourage self-financed health insurance, there is a tax incentive. Section 80D allows for tax deductions from the total taxable income towards the payment of health insurancepremiums as well as expenses incurred … See more Borrowing to realize higher education dreams is common these days. Students who have availed an education loan to pursue their education are provided a tax benefit on the repayment of the interest component of the … See more Section 80GG is another tax-saving option for salaried 2024-2024 other than 80C. If you are salaried but do not receive HRA because you work in the informal sector or because you are self-employed, you can claim deduction … See more Homeowners with a home loan can claim tax deduction under Section 24 of the income tax on the interest component of their home loan. The maximum tax deduction that a taxpayer can get here on interest payment of … See more http://e.zeebiz.com/personal-finance/news-post-office-time-deposit-calculator-2024-td-rules-1981-account-tax-benefit-scheme-80c-premature-withdrawal-td-calculator-income-tax-saving-230432 guardian of the geckos
Ways to save tax other than Section 80C - TaxGuru
WebApr 13, 2024 · Investing in mutual funds is a popular way to grow your wealth while also saving on taxes. Many mutual funds are eligible for tax deductions under Section 80C of the Income Tax Act. However, not all m WebApr 14, 2024 · The tax benefit is capped at ₹1.5 lacs per financial year. PPF falls under EEE (Exempt, Exempt, Exempt) tax basket. Contribution to PPF account is eligible for tax benefit under Section 80C of the Income Tax Act in the old Tax Regime. Interest earned is exempt from income tax. Maturity proceeds are also exempt from tax. Death of Account Holder WebHow to Save Tax other than Section 80C? जानिए 80 C के अलावा छुट #taxsavingtips #ca how to save taxhow to save income taxhow to save tax in indiatax sav... bounce bank loan repayments