![]() Investments in Central Government-notified pension schemes made by individuals and their employers. This deduction is available only to individuals. Investments in pension plans offered by insurers. ![]() Provident fund schemes like National Savings Certificate (NSC), Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Employee Provident Fund (EPF), life insurance premiums, home loan principal repayment, Equity-Linked Savings Scheme (ELSS), and Senior Citizen Savings Scheme (SCSS) The benefits under this section are available only to individuals and Hindu Undivided Families (HUFs). ![]() The maximum deduction under this section is limited to INR 1.50 lakhs per year. Section 80C is a clause in the Act that lists the investments and expenses that are eligible for income tax deductions. The Income Tax Act, 1961 offers several benefits and deductions when you invest in certain financial products.
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