#section-80c
Section 80C income-tax relief: Here's how to maximise your ₹1.5 lakh deduction
Taxpayers can rely on Section 80C of the Income-Tax Act to reduce their tax liability through deductions of up to ₹1.5 lakh in a financial year. Here's what steps you can take to maximise your investment options…
Tax-saving FDs vs regular FDs: Interest rates, lock-in and tax benefits compared
Fixed deposits (FDs) are favored for stable returns, with banks in India offering rates up to 7%. Tax-saving FDs provide deductions under Section 80C but have a 5-year lock-in. Interest rates vary, with senior citizens receiving higher rates.
Tax saving investments in India: 7 things you need to know
Most Indians overpay income tax simply because they do not plan ahead. The Income Tax Act offers multiple legal ways to reduce your tax bill — through Section 80C, 80D, 80CCD, and more. A salaried person in the highest tax bracket can save up to Rs 46,800 in …