How to save income tax other than 80c

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August undefined, 2024

Web15 feb. 2024 · Save Tax other than 80C Tips and Tricks to Save Tax Legally #taxsavingtips #ca CA Sumit Sharma 76K subscribers Join Subscribe 3 Share 1 view 1 minute ago Save Tax other... WebOther Tax Saving options beyond Sec 80C & Sec 80D The most commonly used Sections for tax-saving under the Income Tax Act are Section 80C and Section 80D. Popular …

How to Save Tax Other Than 80C? Tax Saving VSRK - VSRK …

WebA maximum deduction allowed is Rs 1.5 lakh under 80C. Hence if you fall in the 30% tax bracket, then you can save taxes upto Rs 46800 including cess (31.2% on Rs 1.5 lakh). … Web9 uur geleden · The Income Tax Act of 1961 governs property tax as well as other indirect taxes like GST and stamp duty. In the income tax return, all sorts of properties are … how to take legal action against nhs

Best 10 Ways to Save Tax Other Than Section 80C Investments

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 … Web2 dagen geleden · An individual can save income tax on the donations made. Section 80G of the Income-tax Act, 1961 allows individuals to save tax on the donations made to the specified institutions. Thus deduction can be claimed only if an individual opts for old tax regime for a particular financial year. Read on to know how this section can help … 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 … ready to be served crossword clue

Income Tax: How to choose between the old and new tax regime …

Wealth Guide: Income Tax - How to maximize savings up to Rs …

Web22 mrt. 2024 · In this article, we are 5 ways other than section 80C by which taxpayers can save on income tax. Invest in NPS under Section 80CCD (1B) Invest in Health … Web28 jun. 2024 · So here is the list of Investment options other than Section 80C which can help us save tax: 1. Section 80D: Popularly known as deduction for Mediclaim. So as … how to take lidocaine for sore throatWeb4 apr. 2024 · Under Section 80C you may find various options and ways to save income tax-. 1. Life Insurance. Life Insurance does not only provide full life coverage, but it is … how to take lenovo laptop out of s mode

"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 … " - How to save income tax other than 80c

How to save income tax other than 80c

Tax Saving Options Beyond Section 80C - SBI Life Insurance

Web21 mrt. 2024 · In this article, let’s take a look at the tax-saving options other than Section 80C to turn you into a smart tax saver. 1. Section 80CCD: National Pension Scheme … Web17 jul. 2024 · 3. Save tax from savings account interest under section 80TTA. You can avail of deduction from the interest earned from your savings account under section 80TTA. …

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WebTax Saving Options Other Than 80C Regular post-retirement income Additional tax benefit on investments up to ₹50,000 u/s 80CCD (1B) - EEE Category Regulated by … Web11 apr. 2024 · Secondly, you can save up to ₹1.5 lakh on your investment in FDs according to Section 80C of the income tax act. And to receive these benefits, you must not …

WebSave Tax other than 80C Tips and Tricks to Save Tax Legally #taxsavingtips #ca how to save taxhow to save income taxhow to save tax in indiatax saving ... 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 …

WebAnswer (1 of 15): Assuming you have exhausted the limit of rs. 150000, there are other sections other than 80C to save tax 1.80 CCD(1B)- contributions to NPS up to 50,000 … Web11 apr. 2024 · Secondly, you can save up to ₹1.5 lakh on your investment in FDs according to Section 80C of the income tax act. And to receive these benefits, you must not withdraw the money before five years. Hasty withdrawal will deprive you of the tax-saving privilege. The interest you earn on the FD varies from bank to bank and is taxable.

Web20 okt. 2024 · Check out 10 options to save income tax other than Section 80C 80D Under section 80D, you can claim benefits under Health insurance premiums. You can claim deduction up to Rs 25,000 for...

Web27 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 take lenovo ideapad 3 out of s modeWeb23 dec. 2024 · Here’s a list of popular investment options to save tax under section 80C. Public Provident Fund (PPF) National Pension Scheme (NPS) Premium Paid for Life Insurance policy National Savings Certificate (NSC) Equity Linked Savings Scheme (ELSS) Home Loan’s principal amount Fixed deposit for a duration of five years Sukanya … how to take license plate offWeb4 apr. 2024 · Under Section 80C, a deduction of Rs 1,50, 000 can be claimed from your total income. In simple terms, you can reduce up to Rs 1,50,000 from your total taxable income through section 80C. This deduction is allowed to an Individual or a HUF. A maximum of Rs 1, 50,000 can be claimed for the FY 2024-19, 2024-18 and FY 2016-17 each. ready to blast off as happens under anarchyWeb10 apr. 2024 · Income Tax: Taxpayer should keep the following details handy while filing the tax return. Personal information such as an address, contact details, bank accounts, Aadhaar, etc. Details of gross receipts, expenses, other incomes and eligible tax-saving investments made during the year and tax audit report, if any. how to take leaf out of tableWeb28 dec. 2024 · According to an interview with Dr. Suresh Surana, Founder, RSM India, here's how senior citizens can make tax-saving investments other than section 80C, to … ready to be アルバムWeb20 okt. 2024 · The aggregate amount of deduction admissible under 80C, 80CCC AND 80CCD (1) is restricted to maximum limit of Rs 1.5 lakh. However, there are 10 other … how to take lensesWeb4 apr. 2024 · Deductions on Investments. Under Section 80C, a deduction of Rs 1,50, 000 can be claimed from your total income. In simple terms, you can reduce up to Rs … how to take levemir pen