With Budget 2026 just days away, senior citizens are hoping for targeted relief on interest income, healthcare costs and insurance premiums. Experts say higher deductions under Sections 80TTB and 80D, ...
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from ...
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 ...
Section 80TTB of the Income Tax Act allows senior citizens to claim a deduction on the interest earned from deposits in banks, co-operative banks, and post offices, thereby reducing their tax ...
New income tax benefits for senior citizens: They will get higher interest income exemption limit on deposits in banks and post offices. New income tax benefits for senior citizens: They will get ...