Tax Management

deductions under section 80C

What are the deductions under section 80C?

What is 80C, and what deduction do you get under 80C? 80C is a section under income tax where expenditures and investments are exempted from income tax. The maximum deduction limit is 1.5 lakh annually from an individual and HUF taxable income. These benefits are unavailable to Corporate bodies, partnership firms, and other businesses. Let’s […]
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