While spending has increased, people are also hoping to save money. (Photo Source: Representative Image/Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Diwali is one of the biggest shopping festivals in India. From clothes and electronics to gold, people love to splurge during this auspicious time.

This year, the festive season in India comes with an added advantage of reduction in goods and services taxes by the government since Sept. 22. This has contributed to a surge in consumer spending. At the same time, sellers are offering attractive deals and discounts to attract consumers.

While spending has increased, people are also hoping to save money. This can prompt many to wonder if their Diwali related expenses qualify for any tax benefits. While as an individua

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