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Deductions Other Than 80c
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Go beyond Section 80C for more tax deductions Section 80C is the most well known tax deduction that salaried individuals usually use to save income tax The tax deduction limit of Section 80C under the Income tax Act 1961 is
Go beyond 80C tax benefits to become a smart tax saver Here is a complete list of tax free deductions available under Section 80 apart from Section 80C
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Tax Saving Options Other Than 80C Exhausted Rs 1 5 Lakh Limit Here
Tax Saving Options Other Than 80C Exhausted Rs 1 5 Lakh Limit Here
Apart from 80C various other provisions allow deductions to taxpayer as follows 80D for medical insurance premium for self spouse dependent parents Section 80EE Deduction for interest payment of home loan for first home owners Section 24 Interest deduction for housing loan upto Rs 2 lakh
Beyond the contribution of Rs 1 5 lakh under Section 80C you can invest an additional Rs 50 000 in NPS which can be claimed as tax deduction under Section 80CCD This gives you the option of
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These 3 Post Office Schemes Give Higher Returns Than Bank FDs With 80C
These 3 Post Office Schemes Give Higher Returns Than Bank FDs With 80C
How to Save Tax Other Than 80c Section 80C of the Income Tax Act allows you to claim a deduction of up to Rs 1 5 lac from your total taxable income This is an excellent way to minimize your tax liability However there s a lot more to tax planning than Section 80C
Income tax saving instruments other than 80C can be listed under the following acts 1 Interest Income Generated from Savings Account Deposits Section 80TTA Limit 10 000 Total interest income generated from savings account deposits can be claimed under Section 80TTA
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Go beyond 80C tax benefits to become a smart tax saver Here is a complete list of tax free deductions available under Section 80 apart from Section 80C
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Options other than 80C for tax savings include Section 80D for health insurance 80E for educational loans 80G for donations and more Taxpayers can benefit from various deductions available in the Income Tax Act to reduce their tax burdens and improve financial planning
Go beyond 80C tax benefits to become a smart tax saver Here is a complete list of tax free deductions available under Section 80 apart from Section 80C
Options other than 80C for tax savings include Section 80D for health insurance 80E for educational loans 80G for donations and more Taxpayers can benefit from various deductions available in the Income Tax Act to reduce their tax burdens and improve financial planning
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Budget 2014 Impact On Money Taxes And Savings
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