2024 Tax saving ideas other than 80c

Tax saving ideas other than 80c

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August undefined, 2024

Web21 hours ago · Under the new tax regime, the tax rates are lower than the old tax regime. The new tax regime may be more beneficial if you have a higher income. As per budget 2024, an individual with Rs 9 lakh ... WebFeb 21, 2024 · Investing money in tax-saving instruments. The government encourages citizens to invest in the tax-saving investments mentioned under section 80C of the …

Tax saving Schemes & Investment - insider.finology.in

WebApr 4, 2024 · 1. Additional tax saving for NPS investments under Section 80CCD (1B) Every year, you can claim a deduction upto Rs 1.5 lakh under Section 80C by contributing to the … WebFeb 15, 2024 · If an individual opts for the old tax regime in current FY 2024-23 (ending on March 31, 2024), then he/she can continue to claim tax-exemptions and deductions. The … crowne plaza virginia beach towne center

What Are The Best Ways To Save Tax In India Other Than 80C?

WebJun 28, 2024 · Actual rent paid less 10% of the total income (some exclusions are there) 4. NPS Scheme: This scheme offers you additional tax deduction for Rs.50000/- other than … WebMar 21, 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. … WebJan 16, 2024 · There are several deductions available under various sections that help in lowering taxable income. Most of us try to make maximum use of the Section 80C limit by … crowne plaza warsaw - the hub

What are your options for saving tax other Section 80C? Here are 5 …

Salaried? Still confused about Income Tax Regime selection? Do …

WebJan 4, 2024 · 2. Unit Linked Insurance Plan (ULIP) The ULIP Life Insurance Plan is one of the most important tax saving schemes in India. It ensures that a person’s family is financially secure in the event of death. By purchasing a life insurance policy, the taxpayer can avail of the benefit under the income tax act. WebFeb 18, 2024 · Income tax calculator: 5 tax saving options other than Section 80C benefit 3 min read. Updated: 18 Feb 2024, 10:12 AM IST Asit Manohar Premium ITR filing: Under Section 80D of the income tax act ... building fixed windowshttp://dmin.zeebiz.com/india/news-income-tax-calculator-want-to-save-money-while-filing-itr-here-are-top-10-tax-saving-investments-other-than-section-80c-limit-that-can-help-you-123402 building five restaurant

"Web2 days ago · Post Office TD, Post Office Time Deposit Calculator 2024, Interest Rate, Tenure, Maturity, Tax Saving: The interest rates of all small saving schemes have been changed by the government with effect from April 1, 2024.Interest rates of all savings schemes, barring Public Provident Fund (PPF), have been increased by 10-70 basis points. " - Tax saving ideas other than 80c

Tax saving ideas other than 80c

5 ways other than Section 80C to save more taxes - DNA India

WebThe most popular tax-saving options available to individuals and HUFs in India are under Section 80C of the Income Tax Act, Section 80C includes various investments and … WebFortunately, there are measures to reduce your taxable income legally to a more agreeable amount. The most common method of reducing taxable income under Sections 80C and 80CCD of the Income Tax Act of 1961, is through investing in tax saving instruments which are often among the best taxing saving measures for salaried individuals.

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WebMar 31, 2024 · In case an individual has opted for the old tax regime, one can claim deductions of up to Rs 1.5 lakh under Section 80C under tax provisions,” says Sudhakar …

WebFeb 3, 2024 · 3. Public Provident Fund (PPF) The Public Provident Fund has always been a popular tax saving schemes amongst the taxpayer. One of the major reasons for this … WebApr 4, 2024 · Guide on Income Tax deduction under section 80C, 80CCD, 80CCC. Find out the deduction under section 80 and best elss tax saving mutual fund schemes for tax …

WebSave Taxes with Other Investments Except 80C. As the famous saying goes, Save Money Today, and the Money Will Save You Tomorrow.Therefore, it is important to save your … WebDec 26, 2024 · Best 10 Tax Saving Investment Options Other Than 80C 1) Tax saving with NPS under Section 80CCD (1B): Taxpayers can save additional tax by investing up to ₹ 50,000 in NPS. 2) Tax savings on Health insurance premiums under Section 80D: To …

WebNet Tax liability. 121,680. 195,500. The best way to save tax for a salary above 15 lakhs is to opt for the old tax regime and claim all the available deductions and exemptions on tax-saving investments. Alternatively, you can follow the new tax regime to …

WebFeb 21, 2024 · Under section 80TTA, a deduction of up to Rs 10,000 per year on savings account interest is allowed. Pic: Reuters. Section 80C of the Income Tax Act of 1961 is one of the most popular tax saving options that allows for deductions up to Rs 1.5 lakh per annum. PPF contributions, five-year term deposits and ELSS schemes are among the list … crowne plaza warsaw the hubWeb1 day ago · Tax saving benefits for investments are defined under Section 80C of the Income-tax Act. A variety of different investment products can fit under the 80C umbrella. There are choices across ... crowne plaza wedding venueWebJul 17, 2024 · New Delhi: There are plenty of options to save tax other than just good old Section 80C. The government in order to encourage people to save and invest in one’s … crowne plaza wellington nzWebNov 13, 2024 · Section 80C, one of the most popular sections providing tax-saving options, offers investment options like EPF, LIC premium, PPF, ELSS and NSC to individuals who … building flatWebBest Tax Saving Investments other than 80C. Section 80C offers many tax saving options, but you can also claim deductions through other sources. Some of them include: 1. … building flag postWebAnswer (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 … building fixtures increasingWeb1 day ago · Tax saving benefits for investments are defined under Section 80C of the Income-tax Act. A variety of different investment products can fit under the 80C umbrella. … crowne plaza® warsaw - the hub