Here, we are going to share 80C Deduction List PDF with you, which you can download for free using direct download link given below in this same post.
The 80C Deduction List PDF is a useful resource for taxpayers and tax professionals who want to maximize their tax savings by taking advantage of the deductions available under Section 80C.
80C Deduction List PDF
| PDF Name | 80C Deduction List PDF |
| Language | English |
| No. of Pages | 9 |
| PDF Size | 0.15 MB |
| Category | General |
| Quality | Excellent |
80C Deduction List PDF Summary
The PDF document includes a detailed explanation of each deduction, along with the maximum limit for claiming the deduction.
The document also contains information on the eligibility criteria for each deduction, and the relevant forms that need to be filled out to claim the deduction.
| Deduction | Information |
|---|---|
| Public Provident Fund (PPF) | A long-term savings scheme that offers guaranteed returns and tax-free interest. Minimum investment is Rs. 500 per year, and maximum investment is Rs. 1.5 lakh per year. |
| Employee Provident Fund (EPF) | A retirement savings scheme that is mandatory for salaried employees. Employers and employees contribute to the fund, and the interest earned is tax-free. |
| Equity Linked Savings Scheme (ELSS) | A type of mutual fund that invests primarily in stocks and offers tax benefits. Investments in ELSS are eligible for a deduction of up to Rs. 1.5 lakh per year under Section 80C. |
| National Savings Certificate (NSC) | A savings bond issued by the government of India that offers a fixed rate of interest. The investment period is 5 or 10 years, and the interest earned is taxable. |
| Tax Saving Fixed Deposits (FD) | A fixed deposit with a minimum lock-in period of 5 years that offers tax benefits. The interest earned is taxable. |
| Senior Citizen Saving Scheme (SCSS) | A savings scheme for individuals aged 60 years and above that offers a fixed rate of interest. The investment period is 5 years and can be extended for another 3 years. |
| Life Insurance Premiums | Premiums paid for life insurance policies are eligible for a deduction under Section 80C. |
| Children’s Tuition Fees | Tuition fees paid for up to 2 children are eligible for a deduction under Section 80C. |
| Sukanya Samriddhi Yojana (SSY) | A savings scheme for the girl child that offers a fixed rate of interest. The investment period is 21 years or until the girl child gets married, whichever is earlier. |
| Home Loan Principal Repayment | The principal component of a home loan EMI is eligible for a deduction under Section 80C. |
Download 80C Deduction List PDF
To download the complete list of 80C Deduction in the format of pdf, just follow the download button given below.
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