1.

What is the maximum permissible deduction to variosavings under section 80C?

Answer»

Deductions on Investments. Under section 80C, a deduction of Rs 1,50,000 can be claimed from your total income. In simple terms, you can reduce up to Rs 1,50,000 from your total taxable income through section 80C. This deduction is allowed to an Individual or a HUF.



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