Please note that the benefit of section 80C is available only under the old tax regime. You can adopt no strategy to save or reduce this tax. Yes, you can set off any short-term loss which you may ...

Under Section 80 of the Income Tax Act, 1961, an individual can avail exemptions and deductions that lowers their tax liability. Under Section 80CCD, personal and employer contributions made to ...

Section 80E of the Income Tax Act provides provisions for tax deductions on educational loans. This is available only for the interest component of the loan. This can only be claimed once the loan ...