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Tax deduction: Can one claim Section 80C exemption on PPF, ELSS investments done in spouse's name?
Section 80C of the Income Tax Act lets individuals and Hindu Undivided Families (HUFs) claim deductions of up to Rs 1.5 lakh a year for certain eligible investments. This helps reduce your taxable ...
Section 80C of the Income tax Act allows specific investments and expenses to be tax-free. By carefully planning investments in different options like NSC, ULIP, and PPF, a person can claim deductions ...
Small savings schemes have remained popular investment options for risk-averse investors, especially as they offer government backed safety, assured returns and competitive interest rates. While ...
ELSS investment allows investors to save taxes as deduction on the principal amount is available under Section 80C of the Income Tax Act. It is worth nothing that the cumulative deduction a person can ...
17don MSN
ELSS isn't just about tax savings: This fund outperformed many equity schemes over 3, 5, 10 years
Equity Linked Savings Schemes (ELSS) are known for offering tax deductions under Section 80C, but some funds have also delivered impressive long-term wealth creation. Data from Value Research shows ...
Taxpayers often invest in ELSS funds for Section 80C deductions. These funds offer potential for higher returns over the long ...
1monon MSN
ULIP vs ELSS: Which tax-saving investment offers better returns, liquidity, tax efficiency?
Both ULIPs and ELSS offer tax deductions under Section 80C, but they differ sharply in terms of returns, lock-in periods, charges and taxation. With Budget 2025 changing the tax treatment of certain ...
Taxpayers filing income tax returns for AY 2026-27 can claim various deductions and exemptions depending on the tax regime they choose. Here's the complete list of tax benefits available under the old ...
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