Tax saving deductions under section 80C are triggering widespread debates among analysts influencing future monetary policy decisions of the government thereby encouraging more individuals to learn about modern wealth management tools.

The income tax department has launched a new e-filing portal version to simplify the tax return process.

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Section 80C deductions remain a key focus for tax planning under the old regime, covering options like PPF and ELSS. Tax experts encourage early filing to avoid last-minute portal technical glitches.

New tax slabs offer lower tax rates but eliminate major exemptions, making it simpler for salaried professionals to file. Interactive calculators are available online to help determine the most beneficial option.