By donating to eligible institutions and organisations, taxpayers can claim deductions ranging from 50% to 100% of the amount ...
Individuals can avail revised tax slabs in the new income tax regime from financial year 2025-26. Here is a thorough ...
A tax deduction or advantage does not apply to any in-kind contributions, such as clothing, food, or medications. A tax ...
Salaried individuals have two options when filing their Income Tax Return (ITR): the old or the new tax regime. Each has its ...
Since deductions under 80C, 80D, 80DD and 80G are not permitted in the new tax regime, taxpayers can still claim a few deductions which are listed below. As per the provision of Section 115BAC of ...
New vs. Old Tax Regime Many high-income earners frequently ask about the tax implications on salaries ranging from ₹1 crore ...
Individuals who have opted for the old tax regime can claim up to 50% deduction under Section 80G while donating funds to the Shri Ram Janmabhoomi Teerth Kshetra — provided that their cash ...
Donations for Ayodhya Ram Mandir can help you save on taxes under Section 80G of the Income Tax Act.
I. Investing for tax deduction: Investors must invest before March 31 to be able to claim tax deduction for the financial ...
If you want to save some income tax by reducing your total taxable income then Section 80G is one of the available options.
In the new tax regime, Chapter-VIA deductions cannot be ... (Chapter-VI A includes section 80C, 80D, 80DD, 80G etc.) ...