Section 80TTB – Deduction for Senior Citizens
Section 80TTB allows income tax benefits for senior citizens on their interest incomes from savings, fixed deposits, recurring deposits, etc.
save income tax
Section 80TTA Deduction – Savings Account Interest
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 – National Pension Scheme Deductions
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 – Medical Insurance
Section 80D of Income Tax Act helps us to claim deductions for medical insurance premium payments and preventive health check up expenses
₹2000 Sukanya Samriddhi Yojana Interest Calculation [VIDEO]
₹2000 Sukanya Samriddhi Yojana.. The total amount you can get will be Rs. 10,78,895 at 8% interest rate consistently throughout the tenure in SSY..
₹2000 PPF Interest Calculation for 15 Years [VIDEO]
₹2000 PPF Interest Calculation.. You get Rs. 6,31,135 as maturity amount on Rs. 2000 monthly deposits in PPF account after 15 years at 7.1% interest rate
Section 80EEB – Deduction on Electric Vehicle Loan Interest
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..
How to Save Income Tax on Salary above 7 Lakh
How to Save Income Tax.. 1. Standard Deduction 2. Section 80C 3. Section 80D 4. HRA 5. Section 80CCD(1B) 6. Section 24. Zero Income Tax on 11 Lakh
How to Save Tax on Salary Above 5 Lakhs
How to save tax? By using tax saving tips – Standard Deduction (Rs. 50,000), HRA, Section 80C (Rs. 1.5 Lakhs), 80D (Rs. 50,000), 80CCD(1B) (Rs. 50,000)..
Section 80C Deductions List to Save Income Tax
Here’s the Section 80C Deductions List to save income tax. Section 80C provides maximum of Rs. 1.5 Lacs as deductions to save income tax with Old Tax Regime