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.
HRA exemption is the smallest of three amounts — HRA received, rent minus 10% of salary, and 50% or 40% of salary by city. Worked examples, the 8-city list from FY 2026-27, and old-regime rules explained simply.
NSC pays 7.7% for 5 years. Interest on a National Saving Certificate is taxable every year as Income from Other Sources – but years 1-4 interest can be offset with a matching 80C (Section 123) deduction. Year 5 interest is fully taxable.
Section 80E lets individuals deduct the full interest paid on an education loan \u2014 with no upper limit \u2014 for up to 8 years under the old tax regime. Rules, new Section 129 mapping, documents, and a worked example.
Section 80GG lets individuals who pay rent but get no HRA deduct up to ₹60,000 a year. Eligibility, the ₹5,000/month formula, Form 10BA filing steps, and the new Section 134 mapping — explained simply.
Section 80G lets you deduct charitable donations: 100% for PM CARES-type national funds, 50% for most NGOs capped at 10% of adjusted income. Old regime only, 2000 cash limit, Form 10BE mandatory.
Salaried employees and pensioners get Rs 75,000 off taxable salary in the new regime and Rs 50,000 in the old regime for FY 2026-27 — automatically, with no proof. Who can claim, zero-tax math, worked examples.
New regime or old regime for FY 2026-27? Compare slabs, deductions, break-even points at Rs 15/20/25 lakh salaries, and three worked examples to pick the one that saves you more.
HRA exemption = lowest of HRA received, rent minus 10% of salary, or 50%/40% of salary. Old regime only. Formula, worked example, rent-to-parents rules, PAN limit and the new 8-city list from FY 2026-27.
Section 80C is now Section 123 under the Income Tax Act 2025. The Rs 1.5 lakh deduction limit, eligible investments, and old-regime-only rule are unchanged – only the number changed.