Investment proof submission: Section 80C and other sections that can fetch you exemption under Old Tax Regime

Investment proof submission: Section 80C and other sections that can fetch you exemption under Old Tax Regime

It is that time of the year when you will be asked to submit investment proof so that your workplace can deduct tax before the end of the fiscal on March 31, 2024. On one hand, the Income Tax department deducts tax, but at the same time, it promotes savings and investments among taxpayers. It … Read more

Sukanya Samriddhi, PPF, and more: Small savings schemes' interest rates hiked up to 20 bps for Q4FY24

Sukanya Samriddhi, PPF, and more: Small savings schemes' interest rates hiked up to 20 bps for Q4FY24

The Centre on Friday hiked the interest rates of some of the small savings schemes, such as  Sukanya Samriddhi Scheme, 3-year Time Deposit, for the January-March 2024 quarter. In a notification, the Union finance ministry said that the interest rates of most schemes were at the same level, with minor tweaks for the Sukanya Samriddhi … Read more