Guides on Tax Deductions

Income Tax Deduction Under Section 80C

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 43B – Deductions on Actual Payments

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.

Dearness Allowance in India

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.

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