Union Budget and Old Tax Regime: Finance Minister Nirmala Sitharaman is scheduled to unveil Union Budget 2025 on February 1, 2025, six months after presenting the full Budget 2024 in July. Taxpayers ...

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 ...

Life insurance is typically covered under Section 80C of the Income Tax Act. However, when it comes to health-related riders attached to a life insurance policy, such as critical illness cover or ...

As health insurance premiums continue to increase, individuals with policies should consider utilising tax deductions provided by Section 80D of the Income Tax Act. This particular provision, ...

As a salaried professional and a father of two, I am looking for a life insurance plan that not only reduces my annual tax liability but also ensures my family’s financial security. Which insurance ...

You can claim a deduction under Section 80C for contributions made to your own Public Provident Fund (PPF) account, or to the PPF accounts of your spouse or children.

The tax season is fast approaching. Very soon, many of us would scurry around and start grappling with bewildering alpha-numeric combinations like Section 80C and 80D. Many of us work out our tax ...

Income tax payment is a part of life, yet many taxpayers are losing money just because they have no idea of key tax rules. Whether employed, self-employed, or an independent contractor, having some ...

If you’ve opted for the old income tax regime and are looking to make tax-saving investments, it’s essential first to ...