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 ...
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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 ...
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 ...
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Budget 2026: Will the 80C deduction limit increase to ₹3.5 lakh? It's been stuck at ₹1.5 lakh for 12 years.
Budget 2026: In the General Budget 2026, middle-class taxpayers want the government to increase the limit of Section 80C of ...
As Budget 2026 approaches, income tax expectations are rising across India. Finance Minister Nirmala Sitharaman will present the Union Budget 2026-27 on Februar ...
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Income tax budget 2026 may raise tax-saving deduction limit to ₹2.5 lakh for salaried and middle-class taxpayers
Taxpayers across India may receive significant relief in Union Budget 2026 if the government accepts a key recommendation to ...
Once a popular choice for locking in tax benefits under Section 80C, ELSS now faces questions about its relevance since the ...
ELSS does not offer tax deductions under the New Tax Regime. However, it still has the potential to deliver strong returns ...
Exemptions, deductions and rebates may sound similar, but they work at different stages of tax calculation and directly ...
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