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What is Section 80C of the Income Tax Act and Other Deductions Under 80C

Section 80C of the Income Tax Act of India is a section that points to numerous costs and investments that are exempted from income...

Standard Deduction for Salaried Individuals in New & Old Tax Regime 2024

To claim any tax deduction, it is mandatory to have valid proof that shows the real investment or rate has been incurred. But what...

Income tax Allowances and Deductions Allowed in Salary Slip 2024

Income tax is a tax that is levied on any person’s or company’s salary at some point in a financial year. It is immediately...

How To Save Income Tax For Salary Above 20 Lakhs?

Taxes are a necessary part of the economy that works closer to the development and welfare of society. But we can not ignore the...

Calculate Your Income Tax Above 15 Lakh and How to Save it

Finance Minister Nirmala Sitharaman introduced the new tax regime in Budget 2020 giving taxpayers the option to pick out between it and the existing...