If you have made investments or payments against one or more of the below mentioned financial instruments, then you're eligible to avail income tax rebate under 80C up to a maximum amount of Rs 1,50,000 -
- Investments in elss funds i.e. Equity linked saving scheme
- Investments in ppf i.e. Public provident fund
- Investments in epf i.e. Employee provident fund
- Investments in nsc i.e. National savings certificates
- Investments in ulips i.e. Unit linked insurance plans
- Payment of premiums against life insurance policy
- Investments in tax-saving fixed deposits
- Investments in senior citizens savings scheme
- Investments in sukanya samriddhi yojana
- Repayment of home loan
- Payment of children's tuition fees
To know how to invest in the above mentioned investments and payments, read this Article.