How to save income tax other than 80c
Web16 nov. 2024 · There are also some other options that you can select for saving income tax other than section 80C, especially in case you are buying a home or you are a parent. These are mainly through loans, insurance premiums , savings bank account interest, house rent allowance, donations to charity and political parties, disability, medical … Web2 dagen geleden · Post Office TD, Post Office Time Deposit Calculator 2024, Interest Rate, Tenure, Maturity, Tax Saving: The interest rates of all small saving schemes have been changed by the government with effect from April 1, 2024.Interest rates of all savings schemes, barring Public Provident Fund (PPF), have been increased by 10-70 basis points.
How to save income tax other than 80c
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Webwhat is the best schemes to save money in USA? What is the best way to save money for retirement? How to save tax other than 80c; Do i need to pay taxes on NFTs? NFT Tax … Web21 feb. 2024 · Provisions under Section 80C: The Indian government provides a provision to invest up to Rs. 1,50,000 under section 80C of the Income Tax Act in order to promote …
Web30 jan. 2024 · Other than the 80C, these acts can also be used to save money on income taxes: 1. Interest Earned on Deposits in Savings Accounts. Section 80TTA offers a … Web14 apr. 2024 · The Public Provident Fund (PPF) is a savings-cum-tax-saving instrument in India, introduced by the National Savings Institute of the Ministry of Finance in 1968. …
WebIncome Tax. Section 80C of The Income Tax Act, 1961 offers multiple tax-saving investment options. It offers a tax deduction of up to ₹ 1.5 lakh in a financial year on your … Web18 nov. 2024 · Section 80C is one of the most well-liked and popular sections among taxpayers because it allows them to reduce their taxable income by making tax-saving …
Web16 uur geleden · Section 80EEB: Deduction in respect of interest up to Rs 1.5 lakh on loan taken for purchase of electric vehicle.. Section 80TTA: Deductions in respect of interest on savings bank accounts up to Rs 10,000 in case of assessees other than Resident senior citizens.. Section 80G: Donations to certain funds, charitable institutions, etc. Depending …
Web10 apr. 2024 · 3) If you have just 80C deduction of Rs 1.5 lakh then new tax regime might be better as back-of-the-envelope calculations show that for an individual who just avail a … how to say standingWeb31 mrt. 2024 · Let us take a look at some of such tax-saving options you may consider other than those available under Section 80C: 1. Section 80CCD (1B): Additional deduction … how to say starch in spanishWeb4 apr. 2024 · Additional tax saving for NPS investments under Section 80CCD (1B) Every year, you can claim a deduction upto Rs 1.5 lakh under Section 80C by contributing to … how to say staff sergeant in spanishWeb27 jan. 2024 · Deduction under Section 80C is not only available for investments but also for specified expenditures made by the tax-payer. Most of us are already well aware of the deduction available under section 80C of the Income-tax Act, 1961. The maximum amount of deduction that can be claimed under section 80C is Rs 1.5 lakh for the current … how to say standardWeb16 aug. 2024 · How to Save Tax Other Than 80C? August 16, 2024. After the end of each financial year, every person liable to file income tax looks at all the exemptions and … northland rpmpWeb16 uur geleden · Section 80EEB: Deduction in respect of interest up to Rs 1.5 lakh on loan taken for purchase of electric vehicle.. Section 80TTA: Deductions in respect of interest … how to say starbucks in spanishWebFive Tax Saving Options Under Section 80C To encourage saving, the Government of India provides concessions on taxes if you invest in certain financial instruments each year. Amounts invested in these classified instruments are … northland routing number