A non-resident can claim deduction under section 80C through various items though a non-resident is not entitled to open a ...

New vs old tax regime FY 2026-27 — real tax calculations, break-even table, 5 case studies, and a clear verdict for every income level after Budget 2026.

Contribution to the NPS remains one of the few tax-saving options available under both the old and the new tax regimes, though the benefits are higher in the old regime.

Tax Saving FD vs NSC: Which Investment Helps You Save More Tax? For investors looking for safe investment options with tax benefits, Tax Saving Fixed Deposits (FD) and the National Savings Certificate ...

Taxpayers under the old tax regime can claim up to ₹1.5 lakh deduction under Section 80C. But can these tax-saving ...

In Narayan Industries Vs ACIT, the Delhi High Court examined two substantial questions of law concerning deduction under Section 80-IC of the Income Tax Act. The first issue related to denial of ...

The Draft Income Tax Rules, 2026 could materially reshape the old-versus-new tax regime equation for salaried individuals earning between Rs 15 lakh and Rs 25 lakh annually. By proposing higher ...

Union Budget 2026: Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026 on February 1, 2026, and experts are hoping that the Central government will increase the tax deduction ...

Many small business owners are pleased to learn that a vehicle they purchased for use in their company may qualify for a Section 179 tax deduction. Carefully using Section 179 vehicles can bring tax ...

The IRS has issued new guidance on bonus depreciation, which was made permanent under the One Big Beautiful Bill Act. Here’s what to know about what property qualifies and when you can benefit.

One of the key elements to understand is the deduction limits and eligibility criteria under Section 80D: For individuals below 60 years, deduction up to ₹ 25,000 is allowed for premiums paid for self ...