interest income tax

80TTA vs 80TTB deduction guide: savings and deposit interest limits

80TTA vs 80TTB: Savings & Deposit Interest Deduction Limits, Rules and Section 153 (2026)

28/10/2026 by Neha Iyer

80TTA gives up to ₹10,000 on savings interest; 80TTB gives resident seniors up to ₹50,000 on savings, FD and RD interest. Old regime only — and both merge into Section 153 from 2026-27.

80TTA deduction featured image: Rs 10,000 tax saving on savings account interest, now Section 153

80TTA Deduction: ₹10,000 Tax Saving on Savings Account Interest (Now Section 153)

19/10/202618/10/2026 by Rohan Mehta

Savings-account interest up to ₹10,000 is deductible under 80TTA — now merged into Section 153 of the Income-tax Act, 2025. Who can claim it, what qualifies, and why it vanishes in the new regime.