Section 80c

Budget 2018: Will Arun Jaitley offer a surprise income tax cut to salaried employees?

In the upcoming budget, the overall exemption limit available to salaried employees under various sections of Income Tax Act needs a re-look to broaden the scope for savings

Budget 2018: Why Section 80C is in urgent need of overhaul; one size does not fit all

The only senior citizen-specific provision in section 80C can be health-related.

Income tax returns filing to be simpler from 1 April; likely to ecnourage e-filing

Individuals with salary and interest income will have to fill fewer columns as some of these for claiming income deductions have been clubbed in ITR1 form called 'Sahaj'.

Budget for salaried: SBI for raising income tax exemption to ease demonetisation pain

While the revenue forgone through exemptions would be over Rs 35,000 crore, tax collections under IDS-2 could be around Rs 50,000 crore and cancelled liabilities from the RBI is expected to be around Rs 75,000 crore, said SBI's Chief Economic Advisor Soumya Kanti Ghosh

Quick checklist of non-80C instruments for tax benefits

There are ways to save your tax apart from Section 80C. These can be range from medical, health and even to education. Have a look.

Budget 2013 wishlist: FM should increase tax exemption cap

A maximum deduction of Rs 1,50,000 is available for interest paid on housing loan. The property price and interest rates have increased substantially over years. There is a need to revise this limit of deduction.