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Section 80c

Nov 23, 2019, 01.46 AM IST

SECTION 80C

KNOW ALL ABOUT : Section 80C

There are several tax saving avenues but the most popular is the tax benefit under Section 80C of the Income Tax Act under which an amount equal to the investment that you make in certain specified instruments or an expense that you incur up to a maximum of Rs 1.5 lakh in a financial year reduces your gross total income by the same amount. Read ET stories to find out more about the various avenues.

Do all mutual funds qualify for tax benefits under Section 80C?

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