What is TDS?
TDS (Tax Deducted at Source) is the tax deducted by your employer or payer before giving you income like salary or commission. It ensures tax collection at the source of income.
How can I calculate my TDS easily?
Use our free TDS Calculator to estimate your monthly and annual tax deductions under both tax regimes.
Which deductions can I claim under Section 80C?
You can claim up to ₹1.5 lakh for investments like LIC, PPF, ELSS, home loan principal, tuition fees, and more. Visit Section 80C to learn more.
What is the difference between Old and New Tax Regime?
The Old Regime allows deductions but has higher slab rates. The New Regime offers lower slab rates but no major deductions. Compare both in our Old vs New Tax Regime guide.
Is health insurance premium deductible?
Yes. Under Section 80D, you can claim deductions on health insurance premiums for self, family, and parents. Senior citizens get higher limits.
How much can I save through donations?
Donations made to eligible institutions under Section 80G can get 50% or 100% deduction. Conditions apply depending on the organization.