33.8 C
Delhi
Saturday, July 19, 2025

Indian women aged between 26 and 30 eager to save, report reveals

Date:

Share post:

Donate-GC-Razorpay

A will to save money can now also be seen among women aged between 26 and 30 years of age in India. 46% of the young women filing returns took full advantage of the deduction limit of Section 80C of the Income Tax Act. In the repot issued by fintech company Clear, which assists people in tax filing has claimed that concessions in tax can be enjoyed under section 80C, if investments are made in EPF, PPF, NSC, Sukanya Smriddhi, tax saving FD, LIC premium, and infra-bond.

As per the report, only 11% of the women did not utilize this concession. 10% of female tax payers took advantage of concessions up to 1-1.5 lakh rupees, and an equal share of women enjoyed concessions of rupees 50 thousand- 1 lakh. 24% of them enjoyed tax benefits up to rupees 50 thousand. 34% of women aged between 26 and 30 years filed tax returns this year, 35% aged above 50 years did so, 27% of women aged between 31 to 35 filed the return, and 21% of them aged between 36 to 50 filed it.

The survey report further revealed that the largest share of people filing returns was from the middle age group of 36 to 50 years, 3% aged less than 26 years, 6% were aged above 50 years, 25% belonged in the age group of 26-30, and 33% of them aged between 31-35 years.

Sonakshi Datta
Sonakshi Datta
Journalist who wants to cover the truth which others look the other way from.

Related articles

Indian Army to Organize North Kashmir Education Festival 2025 in Sopore

The Indian Army is to organize the North Kashmir Education Festival 2025, called ‘Taleem Se Tarakki’, at the...

Missiles in the Monsoon: India Tests Its Arsenal, But Who Should Fear?

A Thunderclap Over the BayIt was a humid monsoon morning at Chandipur, Odisha. A lone myna bird...

Bangladesh on the Brink: A Nation Struggles with Its Past, Present, and Future

A Land Stirred by Memory and MovementIn the heartland of Gopalganj, where the scent of jute fields...

Creating history, Indian astro and three other AX 4 ISS mission crew set for splashdown

Chennai: As the entire world is waiting with bated breadth, the four member crew of Axiom Mission AX-4...