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section 80C

02 June, 2020, 02:58 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.

What are ELSS or tax saving mutual fund schemes?

Tax saving schemes are mutual fund schemes that qualify for tax deductions under Section 80C of the Income Tax Act.

What should I do with my investments in ABSL Tax Relief 96 Fund?

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of...

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