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What is the Section 80C limit for tax deduction for FY 2024-25 after Interim Budget 2024 | Business

Budget News: n the recent Budget 2024 speech, the Finance Minister kept the Section 80C tax deduction limit unchanged. ....

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Budget 2024: 5 Things Middle Class Taxpayers Expect Sitharaman To Include In Interim Statement

Despite the limitations of this Budget, common man, especially the middle class taxpayers are eagerly awaiting some income tax reforms by FM Sitharaman that would enable them to curtail their tax outgo. - Budget 2024: 5 Things Middle Class Taxpayers Expect Sitharaman To Include In Interim Statement ....

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Budget expectations from AIFs, mutual fund industry and IFSC in Gift City

On 1 February 2024, Finance Minister Nirmala Sitharaman will present her interim budget in India s election year. The focus is on making India an attractive destination for foreign investments while maintaining fiscal discipline. Key budget expectations in the Financial Services space include addressing tax implications for Alternate Investment Funds (AIFs) and achieving tax parity among different categories of AIFs. ....

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10 essential rules of personal finance that you should follow

Personal finance involves budgeting, saving, investing, and making informed decisions about income and expenses. It includes creating a budget, establishing an emergency fund, managing debt, and understanding insurance and retirement planning. ....

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How to invest in tax-saving ELSS mutual funds online

Investing in ELSS to save tax: ELSS mutual funds, a tax-saving tool with a short lock-in period, provide a tax deduction of up to Rs 1.5 lakh under section 80C for those selecting the old tax regime. They carry higher risk and volatility compared to tax-saving fixed deposits. The investment amount can be as low as Rs 500, with a maximum tax break of Rs 1.5 lakh. KYC compliance is required before investing. ....

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