Tag: Tax Saving Schemes
Govt. has notified the revised/ reduced interest rates for Small Saving Schemes (NSC, PPF, KVP, SSAS, SCSS, etc.) in respect of Q1 of FY 2020-21 (1 April to 30 …
Section 80TTB of Income Tax Act, 1961, inserted by Finance Act, 2018, provides for a higher deduction, in the case of Senior Citizens (i.e. resident Individuals of age 60 …
Section 80TTA of Income Tax Act, 1961 provides for a deduction of upto Rs. 10,000 in respect of interest income earned from savings deposits maintained with a Bank or Post …
CBDT has notified the ‘Atal Pension Yojana (APY)’ as a pension scheme for the purposes of claiming deduction under S. 80CCD of the Income Tax Act.