The new income tax bill, 2025, has transferred section 80C tax saving deductions to clause 123, in Chapter VIII in it with an intention of bringing ease and decluttering the tax structure.

Some of these schemes not only offer guaranteed returns but also provide tax benefits under Section 80C of the Income Tax Act, 1961. Here, one can claim a tax deduction of up to Rs 1.5 lakh per ...

Currently, the benefit of section 80C is not available under the default (new) tax regime and it would be expected that this ...

80C of the Income Tax Act to be executed. Investments up to ₹1.5 lakh a financial year are still eligible for deduction under Sec. 80C. But, under the new tax regime (NTR), this deduction is not ...

Does the reinvestment of dividends qualify for a rebate under Sec 80C? Yes. The dividend reinvested is treated as a fresh investment in the ELSS. Therefore, it is eligible for deduction u/s 80C ...