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Section 80C

Benefits of ELSS and how it fares as tax saving instruments

Mutual fund houses offer ELSS which qualifies as tax saving instrument under section 80C of Income Tax Act.

Feb 16, 2018, 14:06 PM IST

These investments will help you in saving taxes –Know

You can claim a maximum cumulative amount of Rs 1.5 lakh under Section 80C.

Feb 09, 2018, 14:58 PM IST

Know how to avail tax deduction under Section 80G

Under Section 80G, tax exemptions can be claimed by everyone, irrespective of the taxpayer being an individual, company, or a partnership firm.

Jan 11, 2018, 11:15 AM IST

Budget 2017: Here is what the common man gets

The combined effect of both these measures will mean that there would be zero tax liability for people getting income upto Rs 3 lakhs per annum and the tax liability will only be Rs 2,500 for people with income between Rs 3 to Rs 3.5 lakhs.    

Feb 01, 2017, 16:25 PM IST

Life insurers seek separate tax deduction limit of Rs 1.5 lakh

It would encourage long-term savings and help incremental flows come into life insurance sector, LIC said in a pre-budget memorandum submitted to Finance Ministry last week.

Dec 19, 2014, 20:37 PM IST