Income Tax, Aug. 21 -- The last date to file the income tax return (ITR) for FY 2024-25 will soon expire on September 15. If you have yet to file your income tax return (ITR) for this year, it is important to remember that you can claim deductions for a number of investments, but only if you made those investments during the financial year 2024-25.

These are some of the deductions that are available to taxpayers who are opting for the new tax regime.

1. Deduction from income from house property on interest paid on housing loan. This is a deduction from income from house property on interest paid on housing loan.

2. Deduction under section 80CCD(2): Deduction towards contribution made by an employer to the pension scheme of the central ...