ELSS does not offer tax deductions under the New Tax Regime. However, it still has the potential to deliver strong returns ...
Deductions under the old tax regime such as Section 80C, 80D and home loan interest benefits have remained unchanged for nearly a decade, despite rising inflation, healthcare costs and housing prices.
Ahead of Budget 2027, experts expect limited income tax changes, with focus on tax certainty, TDS simplification, and possible relief under Section 80C.
Most deductions claimed by taxpayers are under Section 80C, and its expected that deduction limit will be hiked in Union ...
Union Budget 2026 may bring major income tax changes, including revisions in tax slabs, HRA rules, 80C and 80D deductions, ...
The House Rent Allowance (HRA) continues to offer an advantage to the old tax regime, despite the new regime's lower tax liability in some scenarios. Budget 2026 should consider expanding the ...
If an individual is earning about Rs 25 lakh and has deductions and exemptions of around Rs 8.5 lakh or more, the person ...