Healthcare-related expenses that can help you save income tax

When it comes to availing any deduction after Section 80C in ITR,…

Use Section 80D to Avail Tax Deduction on Health Check-up Expenses

You can claim tax deductions by investing in various tax-saving instruments. Nevertheless,…
ELSS

Should You Invest in ELSS Beyond Section 80C?

Are you looking to grow your wealth and save taxes? Do you…

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…

Tax Query: What is the tax deduction available on interest on house loan for repairs?

I got my house repaired and took a bank loan for funding…

Banks offer special FD scheme for the benefit of senior citizens

Various banks are offering a special fixed deposit scheme for senior citizens…

CBDT notifies ITRs for the tax filings of AY 2020-21 (FY 2019-20)

The CBDT has notified the income tax returns for tax filings for…

Tax Query: Can I claim tax deduction on stamp duty for purchasing a flat?

I had purchased a flat in January 2020 for Rs 60 lakh. …

Tax Query: Can NRIs deposit in their existing PPF account and claim tax deduction?

I am a resident of India living in India and am a…

Tax-savings investments made in FY 2019-20 extended till 30 June 2020

Taxpayers who have not been able to complete their tax-saving investments for…