Tag: Tax Saving Schemes

Ministry of Finance, Govt. of India (GOI) notifies the interest rates for Small Saving Schemes (NSC, PPF, KVP, SSAS, SCSS, etc.) on quarterly basis, i.e. small savings interest rates …

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.