Stay updated with breaking news from Section 80d. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The last date to file the ITR for FY 2023-24 without a late fee is July 31, 2024. The return you will file in 2024 is for the income you earned in the period between April 1, 2023, and March 31, 2024.
Insurance can be a strategic tool for tax optimization, offering financial safety net and potential tax-saving benefits.
Income tax relief was provided for salaried individuals, while amendments in direct taxation were introduced in Budget 2023
If tax savings limit under Section 80C has been exhausted, taxpayers can still explore Section 80D that deals with health insurance premia
The new tax regime is the default tax regime for FY 2023-24 onwards and deductions under Chapter VI A i.e. 80C, 80D, etc. will not be available under the new tax regime.