Mobile income tax software 2025-26 Tax exemption of up to Rs 12 lakhs will be available for the FY 2025-26, AY 2026-27; This exemption is available by Income tax software selecting the Income Tax New Regime . In the Old Income Tax Regime 12 lakhs exempted not available . Mobile Income tax software very useful for AP TEACHERS. Income Tax Exemptions under Old Tax Regime Under Section 80 C <= 1,50,000 Rs. 80 C section under Insurance and Investment schemes for ex: LIC, HDFC Insurance, Public Provident fund, Postal Life Insurance, Sukanya Samruddi Yojana etc Under Section 80CCD2 <=1,50,000 Rs. This section also tax exemption maximum 1,50,000 Rs. Extra amount showing 80CCD1A this section eligible amount Rs 50,000. 80 C section and 80 CCD2 and 80 CCD1A section are eligible amount only for Rs 2,00,000. Income tax old regime all deduction are eligible. New Income Tax Regime or Old Income Tax Regime as a employee wish. Rent house or Own house eligible for showing old tax ...
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