# 80c
12 posts in `80c` tag
Maximize Tax Savings: How to Claim Both 80C & 80CCD Deductions (AY 2025-26)
This guide explains how taxpayers can claim deductions under both Section 80C and Section 80CCD (NPS) of the Income Tax Act for AY 2025-26. It details the limits and interaction of 80C, 80CCD(1), 80CCD(1B - additional ₹50k), and 80CCD(2 - employer contribution). The post clarifies that combining these benefits (up to ₹2 Lakh + employer contribution) is possible under the Old Tax Regime, while only 80CCD(2) is available under the New Tax Regime. An example illustrates maximizing deductions under the Old Regime.
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By Krishna
Your FY 2024-25 Investments & Their Impact on AY 2025-26 Tax Return
Your FY 2024-25 investments directly impact your AY 2025-26 tax return. This guide covers tax-saving deductions (80C, 80D), taxable income (interest, dividends), capital gains reporting, and regime selection (old vs new). Ensure accurate filing with proper documentation.
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By Krishna
Exciting Update for NSS Investors! The Section 194EE Exemption Renders 80CCA Withdrawals Free from Tax.
Recent updates clarify that NSS withdrawals associated with Section 80CCA deductions are exempt from TDS under Section 194EE. Investors can receive the complete principal amount without tax, with only the interest being subject to taxation.
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By Krishna
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Act Now! 5 Tax-Saving Strategies to Beat the March 31 Deadline
The tax-saving investment deadline of March 31 draws near. To maximize your savings and lower your tax burden for FY 2023–2024, you should put these five tax-saving methods into practice before the deadline. Discover how to maximize your tax-saving options, from collecting health insurance and home loan advantages to optimizing Section 80C investments.
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By Krishna
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Old vs New Tax Regime in India: A Comprehensive Comparison
Understand the key differences between the Old and New Tax Regimes in India. This blog provides a detailed comparison of tax slabs, exemptions, deductions, and practical examples to help you decide which regime is better for your income level.
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By Krishna
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Clause 123: New Rules for Tax Deductions in 2025
The Income Tax Bill 2025 introduces Clause 123, replacing Section 80C, to streamline tax-saving deductions. This blog explores the implications of this change, how it affects taxpayers, and what it means for future tax planning. Learn about the unchanged deduction limits, eligible investments, and the simplified tax structure under Clause 123.
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By Krishna
Section 80C Removed in 2025: New Rules and How to Stay Tax-Efficient
To make tax compliance easier, the government has eliminated Section 80C from the Income Tax Bill 2025 and merged it with Section 123. This blog examines the ramifications of this change, its effect on taxpayers, and how to adapt financial planning strategies in response.
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By Krishna
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Old vs New Tax Regime – Make the Right Choice for 2025-26
As the financial year 2025-26 begins, taxpayers face a crucial decision: Old Tax Regime or New Tax Regime? This blog simplifies the choice with real-life examples of Mr. Arun Sharma and Mr. Rahul Mehta, breaking down their income, deductions, and tax liabilities under both regimes. Discover which regime is better for you, whether you have significant deductions or prefer simplicity. Learn how to save more on taxes and make an informed decision for FY 2025-26.
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By Krishna
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Choosing Between the Old and New Tax Regimes: A Guide for FY 2025–26
The Old Tax Regime and the New Tax Regime are the two tax regimes that India offers to people. This document highlights the benefits, drawbacks, and tax computations for FY 2025–2026 of both regimes. Find out which regime is most appropriate for your financial status and income.
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By Krishna
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Save More, Pay Less: Essential Income Tax Deductions for Salaried Individuals
Under the Income Tax Act of 1961, salaried people in India are eligible to claim a number of deductions that lower their taxable income. Standard Deduction, HRA, LTA, Section 80C, NPS, Home Loan Interest, Health Insurance, and more are examples of these deductions. Taxpayers can reduce their tax burden and optimize their savings by being aware of these provisions.
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By Krishna
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Save Taxes Effectively: How to Pay Zero Tax on 12 Lakh Income
This blog provides a step-by-step strategy for persons earning 12 lakh annually to legally pay zero income tax. It investigates significant deductions and exemptions under several parts of the Income Tax Act, such as parts 80C, 80D, HRA, and NPS, and provides practical examples to aid comprehension.
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By Krishna
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How the New Income Tax Relief Affects Salaried Individuals Earning Up to Rs. 15 Lakh
For salaried people making up to Rs. 15 lakh, the government is recommending income tax reduction. In order to help middle-class taxpayers, this blog explores potential adjustments to income tax slabs, improved standard deductions, and expanded savings opportunities. People can improve their financial planning by comprehending these suggestions.
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By Krishna