https://www.taxtmi.com/article/detailed?id=10461 Investment deductions in qualifying instruments (provident funds, PPF, fixed deposits, life insurance, ELSS and pension schemes) reduce taxable income but are generally available only if the taxpayer elects the old tax regime; the new regime limits these benefits. Salaried taxpayers should structure employer-provided compensation to access allowances and exemptions, consider additional voluntary provident fund or employer NPS contributions, and claim permitted deductions for home-loan interest/principal and health insurance premiums subject to eligibility and statutory limits. en-us Thu, 16 Jun 2022 12:41:34 +0530 Thu, 16 Jun 2022 12:41:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10461 Investment deductions in qualifying instruments (provident funds, PPF, fixed deposits, life insurance, ELSS and pension schemes) reduce taxable income but are generally available only if the taxpayer elects the old tax regime; the new regime limits these benefits. Salaried taxpayers should structure employer-provided compensation to access allowances and exemptions, consider additional voluntary provident fund or employer NPS contributions, and claim permitted deductions for home-loan interest/principal and health insurance premiums subject to eligibility and statutory limits. Articles Income Tax Thu, 16 Jun 2022 12:41:34 +0530 https://www.taxtmi.com/article/detailed?id=10461