Anjana Dhand

Anjana Dhand is a Chartered Accountant who brings over 5 years of experience and a stronghold on finance and income tax. She is a writer by day and reader by night. You can find her churning content at express speed. She is on a mission to stamp out unawareness and uncomplicate boring personal finance blogs to sparkle. Anjana believes in the power of education in making a smart financial decision.

section 80ggc

Section 80GGC

What is Section 80GGC? Section 80GGC provides for a tax deduction on any sum contributed in the previous year by any individual to a political party or an electoral trust. However, no deduction is applicable if the individual makes a...

section 80ggb

Section 80GGB

Section 80GGB of the Income Tax Act of 1961 provides for tax exemption in order to encourage more contributions to political parties. This section is primarily concerned with contributions and donations made by Indian corporations to political parties or electoral...

section 80gg

Deduction Against Rent Paid under Section 80GG of Income Tax Act,1961

Section 80GG of Income Tax Act Section 80GG of the Income Tax Act under Chapter VIA provides a tax deduction to self-employed individuals and salaried employees for the rent paid. Here, the motive is to provide a tax benefit to...

section 80g of income tax

Section 80G of Income Tax Act

What is Section 80G? The Income Tax Act allows deduction while calculating the total taxable income to every assessee. One such deduction is allowed under section 80G of Income Tax Act, 1961 for donations made to a charitable organization or...

section 80eeb

Section 80EEB

Through the Union Budget in 2019, the Government of India announced an incentive for the purchase of an electric vehicle. The finance minister stated in the budget speech that the scheme will incentivise advanced batteries and registered e-vehicles. This led...

Practical Insights For Wealth Creation

Our weekly finance newsletter with insights you can use

Your privacy is important to us

section 80ee

Section 80EE Of Income Tax Act- Deduction On Interest on Home Loan

The income tax act allows a tax deduction or a tax benefit against the interest on a residential home loan. The deduction is allowed under section 80EE up to rs 50000 in a financial year. The tax benefit is available...

section 80e

Section 80E

With the increasing need and demand for higher education among the student there lies a huge cost of such higher education. Usually, an education loan is taken by the student and repaid after completing the education. Once a student land...

scripbox logo

Section 80DDB

Section 80DDB of the Income Tax Act, 1961 has gained its popularity in recent years. You can claim a tax deduction against the expenses made for the medical treatment of self and dependents suffering from specified diseases. What is Deduction...