Section 24 Deduction – Home Loan Interest Amount
Section 24 of Income Tax Act allows us to claim Home Loan Interest amount of maximum Rs. 2 lakh in a financial year to save income tax..
Section 24 of Income Tax Act allows us to claim Home Loan Interest amount of maximum Rs. 2 lakh in a financial year to save income tax..
Section 80TTB allows income tax benefits for senior citizens on their interest incomes from savings, fixed deposits, recurring deposits, etc.
Section 80TTA of Income Tax Act helps to claim deduction of Savings Account Interest amount with limit of Rs. 10,000 in financial year
Section 80CCD of Income Tax Act helps to save income tax by contributing towards National Pension Scheme (NPS) or Atal Pension Yojana (APY).
Section 80D of Income Tax Act helps us to claim deductions for medical insurance premium payments and preventive health check up expenses
New Tax Slabs 2023-24.. Deductions allowed in new tax regime are standard deduction, NPS contribution from employer, Home loan interest amount (section 24)
How to File ITR for Salary Person.. You can file ITR (Income Tax Return) online in India by yourself without help of CA for FY 2022-23 before 31st July 2023
Income Tax Calculator FY 2023-24.. No income tax on income up to Rs. .7.5 Lakh with New Tax Regime. Use this tax calculator 2023-24 to know your income tax..
Section 80EEB of Income Tax Act helps you to claim Electric vehicle loan interest amount up to Rs. 1.5 Lakh in a financial year: 2 and 4 wheeler EVs..
Income Tax Calculation 2023-24. When income is 11 Lakh, you pay zero income tax by using various deductions in old tax regime. For 7.5 Lakh new regime..