Web11 apr. 2024 · And a maximum amount of ₹1.5 lakh invested in the ELSS scheme could be claimed as a deduction from your taxable income under Section 80C of the Income Tax Act. Along with that, when you put your money in ELSS, you have to keep it there for at least three years. After all, sabar ka fal meetha hota hai. Web6 okt. 2024 · An equity-linked savings scheme or ELSS is a mutual fund class that offers tax rebate under Section 80C of the Income Tax Act, 1961. You can claim tax deductions of …
Best Tax Saving Investment & Schemes for FY 2024-24 - Policybazaar
WebELSS funds are equity funds that invest a major portion of their corpus into equity or equity-related instruments. ELSS funds are also called tax saving schemes since they offer tax … Web8 jun. 2024 · You can claim income tax deduction for the contributions made to your own PPF account as well as the PPF account of any number of your child and your spouse. Though HUF cannot open a PPF... open up windows update assistant
Section 80C – Investment in Equity Linked Savings Scheme (ELSS)
Web11 apr. 2024 · And a maximum amount of ₹1.5 lakh invested in the ELSS scheme could be claimed as a deduction from your taxable income under Section 80C of the Income Tax … Web18 mrt. 2024 · Rs 2,250 crore tax evasion concern: ... and Policybazaar, among others, for issuing fake invoices to claim input tax credit without providing any service. The investigation, initiated in 2024, has revealed an evasion of INR2,250 crore so far, ... Raise GST exemption threshold to Rs 1.5 cr, ... Web13 apr. 2024 · Note: In the chart, X is used to indicate that a deduction or exemption is not available, while is used to indicate that it is available. In summary, while both tax regimes offer deductions and exemptions, the specific details vary. It’s important to carefully consider these details and choose the tax regime that is most beneficial for your specific situation. open up videos on youtube