Deductions under the old tax regime such as Section 80C, 80D and home loan interest benefits have remained unchanged for nearly a decade, despite rising inflation, healthcare costs and housing prices.
As Budget 2026 approaches, income tax expectations are rising across India. Finance Minister Nirmala Sitharaman will present the Union Budget 2026-27 on Februar ...
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Income tax budget 2026 may raise tax-saving deduction limit to ₹2.5 lakh for salaried and middle-class taxpayers
Taxpayers across India may receive significant relief in Union Budget 2026 if the government accepts a key recommendation to ...
Section 80C of the Income Tax Act lets individuals and Hindu Undivided Families (HUFs) claim deductions of up to Rs 1.5 lakh a year for certain eligible investments. This helps reduce your taxable ...
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Budget 2026: Will the 80C deduction limit increase to ₹3.5 lakh? It's been stuck at ₹1.5 lakh for 12 years.
Budget 2026: In the General Budget 2026, middle-class taxpayers want the government to increase the limit of Section 80C of ...
Once a popular choice for locking in tax benefits under Section 80C, ELSS now faces questions about its relevance since the ...
With Section 80C limits frozen and inflation rising, tax professionals want Budget 2026 to separate retirement savings from short-term tax planning ...
Union Budget 2026 may bring major income tax changes, including revisions in tax slabs, HRA rules, 80C and 80D deductions, ...
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