Robinhood Insurance Broker Private Limited

What Is Section 80C Of Income Tax Act?

Under section 80C of the income tax act, a taxpayer can claim tax deduction of up to Rs 1,50,000 for a particular financial year. An individual or a Hindu undivided family can claim tax exemptions under this section. Section 80C comprises of a number of different investments and expenses eligible for a tax deduction. Some of them are:

  • Unit linked insurance plan
  • Life insurance premium
  • Public provident fund (PPF)
  • Employee provident fund (EPF) and voluntary provident fund
  • National savings certificate
  • Equity linked savings scheme (ELSS)
  • Sukanya samriddhi scheme
  • 5 year tax saving bank fixed deposits
  • Senior citizens savings scheme

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2 burgers per month

burger₹ 700
Your yearly cost on fast food = roughly ₹ 8,400
price
Cost of Health Insurance for whole family with ₹ 5 lakhs cover!

Tab 3

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