Hosted on MSN
Tax deduction: Can one claim Section 80C exemption on PPF, ELSS investments done in spouse's name?
Section 80C of the Income Tax Act lets individuals and Hindu Undivided Families (HUFs) claim deductions of up to Rs 1.5 lakh a year for certain eligible investments. This helps reduce your taxable ...
Section 80C is among the most widely used tax-saving provisions, covering contributions and payments such as PF deposits, life insurance premiums, ELSS, PPF, NSC children’s tuition fees and principal ...
Overview: ELSS funds offer tax benefits under Section 80C and strong long-term wealth-creation potential.Top performers such ...
As Budget 2026 approaches, income tax expectations are rising across India. Finance Minister Nirmala Sitharaman will present the Union Budget 2026-27 on Februar ...
ELSS does not offer tax deductions under the New Tax Regime. However, it still has the potential to deliver strong returns and create wealth. With a three-year lock-in period, ELSS can help investors ...
The Tribunal held that while interest on enhanced compensation was taxable as per settled law, the exemption claim for land compensation required verification. The matter was remanded for fresh ...
The suitability of an investment product depends on factors such as risk appetite, time horizon and near-term liquidity ...
Hosted on MSN
Can you claim tax benefits on your wife's PPF or ELSS investments under Section 80C? Here's what the rules say
Investments made under certain eligible categories allow individuals and Hindu Undivided Families (HUFs) to claim deductions under Section 80C of the Income Tax Act. While many tax-saving instruments ...
13don MSNOpinion
Rationalise 39% top tax bracket under new regime, give higher deductions on home loan interests and saving a/c in Budget 2026
As the Indian Union Budget 2026 approaches, personal taxpayers anticipate significant reforms. The article highlights a ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results