Sunday, December 12, 2010

Saving Tax Under Section 80C

As of August 2009 the following investments or expenses can be claimed under Section 80C of the Indian Income Tax (Personal):
  • PPF (Public Provident Fund)
  • NSC (National Savings Certificate)
  • ELSS (Equity Linked Saving Schemes)
  • Principal Repayment and Pre-payment
  • Infrastructure and Other Tax Saving Bonds
  • Premium Payment for Life Insurance Policies
  • PF (Provident Fund)
  • Children Education Fees (Limited to Maximum 2 Children)

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