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 [...]
All Indian residents are eligible to say tax deductions under Section 80DD of the tax Act, 1961. In order to say the deduction a personal must have to submit medical certificates, medicine bills, and such other supportive documents.Medical treatment, [...]
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 [...]
