Effectively, individuals can maximise tax benefit under section 80D to a total of Rs 75,000
You can claim tax deduction on investments up to Rs 1.5 lakh in avenues specified under section 80C of the Income Tax Act
Of this, personal income tax refunds of Rs 71,865 crore have been issued to over 1.99 crore taxpayers
All private and public sector banks offer this facility
If you are someone who tends to forget dates of tax-related filing deadlines, then you need to bookmark this link.
In an interview with Money9, Rajiv Bajaj shares his views about the Budget and what it holds for the markets and the common man.
Introducing a tax-free annuity scheme will help the retired enjoy their annuity stream without worrying about taxation.
Budget 2021 should focus on giving more money in the hands of the taxpayer, while widening the tax net. This will ensure greater scope for savings as
TDS, or tax deducted at source, is deducted at the source where an individual’s income is generated. As per the Income Tax Act, 1961, every indi