The Tribunal held that while interest on enhanced compensation was taxable as per settled law, the exemption claim for land compensation required verification. The matter was remanded for fresh ...

Section 80C is among the most widely used tax-saving provisions, covering contributions and payments such as PF deposits, life insurance premiums, ELSS, PPF, NSC children’s tuition fees and principal ...

SBI Research proposes aligning fixed deposit interest tax with capital gains. It also suggests shortening the lock-in for tax ...

Finance Minister Nirmala Sitharaman has dashed the hopes of salaried employees who opt for the old tax regime. No hike has ...

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.

As Budget 2026 approaches, income tax expectations are rising across India. Finance Minister Nirmala Sitharaman will present the Union Budget 2026-27 on Februar ...

Most deductions claimed by taxpayers are under Section 80C, and its expected that deduction limit will be hiked in Union ...

Ahead of Budget 2027, experts expect limited income tax changes, with focus on tax certainty, TDS simplification, and possible relief under Section 80C.

Union Budget 2026 may bring major income tax changes, including revisions in tax slabs, HRA rules, 80C and 80D deductions, ...

As Budget 2026 approaches, expectations among taxpayers—especially the middle class—are running high. One of the biggest ...

ELSS does not offer tax deductions under the New Tax Regime. However, it still has the potential to deliver strong returns ...