Tax deduction under Sections 80TTA and 80TTB remains unchanged. Individuals, Hindu Undivided Family (HUF) and pensioners who were expecting a hike in tax deduction under Sections 80TTA and 80TTB had ...

It may be noted that Section 80TTA provides a deduction of up to Rs 10,000 on interest earned from savings bank deposits. (Image: Freepik) The forthcoming Union Budget for FY2024-25 is just around the ...

Union Budget 2023-24 should increase the tax exemption limit available for interest on savings bank account, say think tanks. Budget 2023: Section 80TTA provides deduction up to Rs 10,000 on the ...

Budget 2025: The upcoming Union Budget of 2025, to be presented by Finance Minister Nirmala Sitharaman on February 1, is eagerly anticipated by taxpayers nationwide. Of particular interest is the ...

Budget 2025: Senior citizens as well as younger individuals want tax deduction on fixed and savings deposit interest to be hiked Individual tax-payers, particularly senior citizens, are hoping that ...

Since the introduction of the new tax regime in the Union Budget 2020, the government has been making it more and more attractive for taxpayers. This has been done by introducing several changes, such ...

What is Income Tax Section 80TTA: According to section 80TTA, you can claim a deduction of up to Rs. 10,000. Interest earned from fixed deposits, recurring deposits, RBI taxable bonds etc. are fully ...

Budget 2023: Given the higher cost of medical expenditure and the need to encourage savings, Section 80D & 80TTA limits need to be increased. Budget 2023: Given the kind of medical expenses which an ...