Tag: Tax Saving Schemes
Govt. has notified that there will be no change in interest rates of various small savings schemes for the period 1 Apr. 2018 to 30 Jun. 2018 and 1 …
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 …
Govt. has notified Amendment in Rules for Small Saving Schemes (PPF, KVP, NSC and PO Savings Bank) for making Aadhaar Linking of Deposits mandatory, latest by 31 Dec. 2017. …
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.
Public provident fund scheme is popular mainly from the point of view of saving taxes and attractive returns as compared to other options available in the similar segment. FAQs …