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Section 80C
Section 80C refers to Indian income tax deductions available for selected investments and expenses.
An investor may use ELSS, provident fund, or life insurance premiums toward the eligible limit.
Tax-saving behavior in India has often centered around the 80C deduction basket.
Definition
Section 80C refers to Indian income tax deductions available for selected investments and expenses.
Case Study
An investor may use ELSS, provident fund, or life insurance premiums toward the eligible limit.
Historical Reference
Tax-saving behavior in India has often centered around the 80C deduction basket.