Guides on Tax Deductions
Deduction under section 80C of the Income Tax Act allows you to save taxes by making investments in several investment avenues. Learn in this guide by H&R Block to understand who is eligible to invest u/s 80c and what is the maximum limit to invest.
Section 80U of Income Tax Act offers deductions to individuals & their family members with disabilities. Check eligibility and deduction limit under this guide by H&R Block India.
Section 80G of Income Tax Act offers tax deductions on donations made for charity. To know about deduction structure, prescribed funds & institutions, click here.
Section 80CCD offers deductions under Chapter VI-A for contribution to National Pension Scheme & Atal Pension Yojana. Click to read this guide by H&R Block.
Section 80TTA of Income Tax Act offers deductions on interest income earned from savings bank deposit. Check eligibility and deduction limit under this section.
Section 80DDB of Income Tax Act offers deductions for specified diseases. Check eligibility and deduction limit in this guide by H&R Block.
Do you know that certain tax deductions are allowed on expenses when they are actually paid as per the provisions of section 43B of the Income Tax Act? Read this comprehensive guide to know about all such expenses and relevant tax deductions.
Know about the deduction for interest paid on education loan u/s 80E with H&R Block. Check eligible candidates, qualifying loan, deduction amount & period here.
The dearness allowance is the cost of living adjustment paid by the government to the employees of the public-sector units. It is calculated as a percentage of the basic salary. In this comprehensive guide by H&R Block India, dearness allowance has been explained.