income tax deduction – Page 2

Investment instruments can save taxes thanks to the Income Tax Act of 1961. Every financial year, you could lower your taxable income by up to Rs. 1.5 lakh by taking advantage of the Section 80C deduction. 80C deduction is available…

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Donations For Ram Mandir Now Eligible For Income Tax Deduction

byAdmin24/01/202424/01/2024

In a recent development, the Income Tax department has clarified that donations made for the repair, rebuild, or renovation of the Ram Mandir in Ayodhya, under the Shri Ram Janmabhoomi Teerth Kshetra Trust, are eligible for deduction under Section 80G…

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Income tax deductions available under section 80C in India

Donations For Ram Mandir Now Eligible For Income Tax Deduction