Web14 Apr 2024 · The ‘7.40% Government Security 2062’ for a notified amount of Rs.12,000 crore through a price-based auction using the multiple price method. The government will keep the option to reserve up to Rs.2,000 crore additional subscriptions against all securities. The Reserve Bank of India (RBI) will conduct the auctions on 13 April 2024. Web19 Oct 2024 · Section 80GG: Rent Paid; Deduction under section 80GG is available if you have paid rent in FY 2024-22 and cannot claim tax benefit under HRA. This is because …

Section 80TTB of Income Tax Act: Deduction Under 80ttb …

WebThe maximum deduction under Section 80TTB is the lower of these following –. The total interest amount earned. Maximum of Rs. 50,000. For instance, if the interest accrued on … WebUnder the new income tax regime, the amount of the rebate under Section 87A for FY 2024-24 (AY 2024-25) has been modified. A resident individual with taxable income up to Rs … dr frances webster

section 80c deductions: Claiming deductions under sections 80C …

WebDeposits in the scheme are not eligible for deduction under Section 80C. 9. The interest earned is not exempt from tax, but a senior citizen can claim a deduction under Section 80TTB from such ... Web25 Jul 2024 · The last date of filing income tax return (ITR) for the assessment year 2024-23 or the financial year 2024-22 is July 31, 2024. Taxpayers filing their income tax returns under the old tax regime, are eligible for multiple tax deductions and exemptions. Did you know that you can claim an income tax deduction of up to Rs 10,000 for the interest … Web25 Oct 2024 · All the tax-saving infrastructure bonds issued in 2011-12 would mature in the current financial year 2024-22. Tax-saving bonds offer a tax benefit by way of deduction; however, the interest from these bonds becomes taxable in the hands of the investors. So, it should be noted that the tax-saving bonds are not tax-free bonds which means that the ... enlisting in god\u0027s army