Says Shefali Mundra, tax expert at ClearTax, “Section 80C covers various investments and expenses that can be used for tax savings, including provident funds, life insurance premiums ...

Tax management is one of the priorities for many professionals. It not only allows them to fulfil their national duty but ...

These deductions are addressed under Section 80C and cover primarily premiums paid on life insurance, National Pension System (NPS), Equity-Linked Saving Schemes (ELSS), investment in Public ...

Sec 80C investments no longer relevant under new tax regime; focus on investment benefits, not just tax savings.

Does the reinvestment of dividends qualify for a rebate under Sec 80C? Yes. The dividend reinvested is treated as a fresh investment in the ELSS. Therefore, it is eligible for deduction u/s 80C ...

If you have chosen the old tax regime, ensure that your tax-saving investments under Sections 80C, 80D, 80G, and others are made before March 31 to maximise tax benefits ...