Income Tax: Comprehensive guide to claiming deduction for individuals – Section 80C and beyond

Income Tax: Comprehensive guide to claiming deduction for individuals – Section 80C and beyond

As tax costs are eating into the earnings of every household, there is always a search to reduce the tax incidence within the four corners of the law.  The Income-tax Act (‘the Act’) provides certain deductions from taxable income, the policies for which are based upon larger socio-economic parameters.  With the new tax regime seeking … Read more