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Income Tax Deductions under Section 80C - Section 80C

As per the provision of Section 80C of the Income Tax Act, India, an aggregate sum not exceeding Rs. 1,50,000/- (w.e.f. 2014) is allowed by way of deduction from income. Section 80C replaces the Section 88 with more or less same investment mix available in Section 88. This new Section has become effective w.e.f. 1st …

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Income Tax Deductions under Section 80C - Section 80C | 80c.in Reviews
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As per the provision of Section 80C of the Income Tax Act, India, an aggregate sum not exceeding Rs. 1,50,000/- (w.e.f. 2014) is allowed by way of deduction from income. Section 80C replaces the Section 88 with more or less same investment mix available in Section 88. This new Section has become effective w.e.f. 1st &hellip;
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1 section 80c
2 tax benefit insurance
3 tax saving investments
4 pension plans
5 housing loans
6 tax saving schemes
7 other deductions
8 investments
9 insurance
10 housing
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section 80c,tax benefit insurance,tax saving investments,pension plans,housing loans,tax saving schemes,other deductions,investments,insurance,housing,savings,disclaimer
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Income Tax Deductions under Section 80C - Section 80C | 80c.in Reviews

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As per the provision of Section 80C of the Income Tax Act, India, an aggregate sum not exceeding Rs. 1,50,000/- (w.e.f. 2014) is allowed by way of deduction from income. Section 80C replaces the Section 88 with more or less same investment mix available in Section 88. This new Section has become effective w.e.f. 1st &hellip;

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1

Tax Saving Investments - Section 80C

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Section 80C - Tax Saving Investments. National Pension System / New Pension System (NPS). National Pension System (NPS) is introduced by Government of India as a New Pension System for all the government employees in 2004 and extended to all on voluntary basis from 2009. The scheme is made applicable to Corporate Employees from December, 2011. The New Pension System or NPS has attracted the attention of lot of […]. Tax Deductions on Rajiv Gandhi Equity Saving Scheme. Unit Linked Insurance Plan (ULIP).

2

Tax Deductions on Rajiv Gandhi Equity Saving Scheme - Section 80C

http://80c.in/savings-by-investing/rajiv-gandhi-equity-saving-scheme-rgess

Tax Deductions, Income Tax Act, India. Tax Deductions on Rajiv Gandhi Equity Saving Scheme. Tax Deductions on Rajiv Gandhi Equity Saving Scheme. Rajiv Gandhi Equity Saving Scheme or RGESS is a new tax savings scheme for investments in equities in India. The RGESS aims at encouraging direct investment in the stock market. The scheme is exclusive for the first time retail investors whose annual income below Rs.12,00,000/- during the financial year. Investor should be a resident of India. This benefit is av...

3

National Pension System / New Pension System (NPS) - Section 80C

http://80c.in/savings-by-insurance/national-pension-system-nps

Tax Deductions, Income Tax Act, India. National Pension System / New Pension System (NPS). National Pension System / New Pension System (NPS). National Pension System (NPS) is introduced by Government of India as a New Pension System for all the government employees in 2004 and extended to all on voluntary basis from 2009. The scheme is made applicable to Corporate Employees from December, 2011. The New Pension System or NPS has attracted the attention of lot of people across the country. This additional...

4

Other Deductions - Section 80C

http://80c.in/other-deductions

Section 80C - Other Deductions. There are many tax saving instruments that fall under insurance, investments, housing and pension plans there are other deductions available like children school fees, housing expenses like registration charges etc. Tax Exemptions on Tuition Fee Paid. Tax Deductions on Life Insurance Premium. Registration Charges, Stamp Duty deductions on Housing. Under Section 80c, it not only the principle of housing loan is is allowed as deduction. You can claim registration charges...

5

Tax Saving Schemes - Section 80C

http://80c.in/tax-saving-schemes

Section 80C - Tax Saving Schemes. Savings is a no risk option and comes with fixed or variable returns. Govt of India has introduced many savings options for tax payers to save taxes. Under Section 80C, Income Tax Act, you can buy saving certificates, open Fixed Deposits, operate various types of Savings Accounts. There are multiple option available for senior citizens, girl child, post retirement plans for employees, Govt Bonds, Govt Saving certificates etc. Tags: Sukanya Samriddhi Yojana. National Savi...

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Income Tax Deductions under Section 80C - Section 80C

Tax Deductions, Income Tax Act, India. Income Tax Deductions under Section 80C. Sub Sections of Section 80C. As per Section 80CCD(1B), an additional exemption up to Rs. 50,000/- in National Pension Scheme (NPS). Is eligible for income tax deduction over and above the limits of Section 80C. And as per Section 80CCG Rs. 25,000/- is allowed for tax exemption if invested in Rajiv Gandhi Equity Saving Scheme (RGESS). Senior Citizen Savings Scheme.

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