Tag Archives: income tax

80TTA And 80TTB (Save tax on interest earned)

If you are not a senior citizen, you are eligible to get benefits of 80TTA, and 80TTB is for seniors (60+) Under 80TTA, you can get exemption of upto 10000 Rs of Income earned via saving account interest. A common misconception is that 80TTA is also applicable for Fixed Deposite interests, but its not. Under… Read More »

Save 1500 Rs Of Tax Without doing anything

As you must have gone through preventive health-checkups during the year, you can save 1500 rs of income tax easily. All you need to do is, fill 5000 in 80D section of Income tax filing. You need to fill option (c) Preventive health check-up and you select self/self and family whichever suits you. If your… Read More »

New Date for Tax Filing : 31st August 2019

Govt of India has revised the deadline for income tax filing from 31st July 2019 to 31st Aug 2019. Now you can file your income tax for FY-18-19 or AY-19-20 till 31st August. But it would be advisable to file your tax as soon as possible. And here is the link : https://incometaxindiaefiling.gov.in