Robinhood Insurance Broker Private Limited

What Are The Tax Benefits Under 80C?

Section 80C of the Indian income tax act, provides tax deductions for the investments and payments made against certain financial instruments. These financial instruments are listed below -

  • 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

A maximum of Rs 1,50,000 tax deduction inclusive of all the investments and payments is allowed under section 80C . Read This to know how you can invest under 80C to avail tax deductions.

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price
Cost of Health Insurance for whole family with ₹ 5 lakhs cover!

Tab 3

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Get ₹. 50 Lakhs
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₹. 3,900/ Month.

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