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New Income Tax Bill 2025: Section 80C is now clause 123 under the new bill

Finance Minister Nirmala Sitharaman introduced the latest Income Tax Bill in parliament today. This bill is set to be enforced starting from April 1, 2026, and has been assigned to a Select Committee ...

Why are ELSS Funds Still the King of 80C?

ELSS funds are popular for tax savings under Section 80C, offering a blend of equity exposure and long-term growth potential. Their 3-year lock-in period promotes discipline in investing, making them ...
The Financial Express

Budget 2026 Income Tax Expectations Highlights: Rs 1 lakh Standard Deduction, home loan relief, LTCG tweaks and senior citizen benefits in focus

Union Budget 2026-27 Income Tax Change Expectation Live Updates: FM Sitharaman set to present her 9th consecutive Union Budget as expectations build up (Image source: AI/FE) In Budget 2025, the ...
The Financial Express

New tax regime isn’t limited to standard deduction: 5 tax benefits salaried taxpayers still get

The draft income-tax rules make it clear that several salary-linked exemptions and non-taxable perquisites continue to be ...