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5 01, 2020

Section 80c

By |2020-06-23T15:46:13+05:30January 5th, 2020|Categories: Sections|0 Comments

Section 80C of the tax Act allows for deductions up to Rs.1.5 lakh p.a. Under the section, individuals can invest in a number of savings schemes to claim deductions on their taxable income. What is Section 80C? Section 80C [...]

5 01, 2020

Section 80D

By |2020-06-25T15:13:44+05:30January 5th, 2020|Categories: Sections|0 Comments

Section 80D of the tax Act provides tax deductions for medical insurance premiums made for the self and therefore the family which may go up to Rs.50,000. Self, parents, children, spouse and Hindu Undivided Families (HUF) can claim this.The [...]