Tax Query: Can I claim deduction on PPF or medical insurance payments?

I am a self-employed individual. I contribute to a PPF account in…

IT rules specify allowances for employees choosing new tax regime

The new tax regime is effective from FY 2020-21. Employees choosing the…

Impact of COVID-19 and New Tax Regime on the Life Insurance Sector

As per the data published by the Insurance Regulatory and Development Authority…

Factors to be considered for choosing the new tax regime under Budget 2020

For the upcoming FY 2020-21, the Union Budget 2020 proposes to introduce…

Will ELSS Lose Its Charm Under the New Tax Regime?

The new tax regime proposed in the Union Budget 2020 allows taxpayers…

Union Budget 2020-21: Income Tax Amendments

The Finance Minister of India presented the Union Budget for the financial…

Budget 2020: Updated Income Tax Slabs You Need to Know

With an aim to extend significant relief to taxpayers and to further…