How to Save Tax from Section 80C? #Shorts #savetax #section80C #taxsaving

How to Save Tax from Section 80C? #Shorts #savetax #section80C #taxsavingtips

Section 80C of the Indian Income Tax Act allows individuals to claim a deduction for certain specified investments and expenses up to a maximum limit of INR 1.5 lakh per financial year. Some examples of investments and expenses that are eligible for deduction under Section 80C include:

Contributions to specified pension funds, such as the Employee Provident Fund (EPF) and the Public Provident Fund (PPF).

Premiums paid for life insurance policies.

Repayment of the principal portion of a home loan.

Contributions to specified equity-linked savings schemes (ELSS) offered by mutual fund companies.

Tuition fees paid for the education of children.

To claim a deduction under Section 80C, individuals must ensure that they have made the specified investments or incurred the eligible expenses during the relevant financial year. They must also have all the necessary supporting documents, such as receipts and proof of payment, to support their claim. It's also important to note that the total deductions claimed under Section 80C, along with other specified sections, cannot exceed the maximum limit of INR 1.5 lakh per financial year.

IndianMoney's ffreedom App is India's No1 Livelihood Education platform featuring 800+ video courses on Personal Finance, Business & Farming taught by super successful people from respective fields. Join over 80 lakh learners from India who are on their mission to increase their income by 10 times.

[WHICH_IS_BETTER]

Anna miru awesome, Your video's are so helpful Anna 😍👌

[chandut]

చాలా థాంక్స్ అండి. చాలా విలువైన విషయాలు తెలియచేస్తున్నారు 🤝🤝🤝🤝🤝🤝🤝🤝

[karthikb]

Please post a video, if 80c is already full.

[Varaprasad]

Bro, year ki enni sarlu veyochu..
Like month ki some amount ani yr ki enni sarlu veyochu

[AllInone-vfgg]

Hi anna post office rd sche kuda eligibility unda tax saving ki

[sivareddybandi]

NPS....we can claims extra up to 50, 000 and it will not include in the above mentioned 1, 50, 000. and 1, 50, 000 is not tax saving, it is up to 1, 50, 000 tax exemption on the total income, so max exemption is 1, 50, 000*20% or 30% wherever the respective person will fall

[sunilpapana]

Kotha property konte registration charges and stamp duty save cheskovachu anaru kada. Whether it is applicable on purchase of open plot?

[rajuboddu]

Sir edi ela dedication chesukovali andi

[gopinathsiddamsetty]

NPS has dual tax benefits.. totally you can save tax on 2L.

[krishnag]

Andaru, old tax regime nu gurinchi cheppe valle. New regime lo 80c lekunda gonthu kosinaru.

[ashok.]

Nenu one plot purchase adhi tax benefits ki add cheyyachaa

[priyadarshinidasaripriyada]

hi sir Students ki use ayela okka manchi partime jobs chepadhi sir

[jsrao]

Brother best term plan edaina unte cheppandi

[muralamanikanta]

New tax resume lo evi anni varthisthaya?? Please reply

[nadaan]

Ee video lo list lo ki SBI life privilege plan vastada

[kranthilalgundapu]

Or make a one video plz for useful your viewers

[ashok.]

Nenu IT lo chestunna
PPF or lic policy adhi better bro

[kandipilliappalaraju]

anna best term insurance chappu anna term insurance ki 80c untada

[ATMVlogs-]

Hi sir, 1 year back House Home Loan tisukunnanu and Naku Best Life Term Insurance policy chepandi sir, Very Low monthly payment undali and 1Cr cover Avali and na age 33y. Please suggest me sir,

[shivaratrikarthik]

Anna safe Shop real or fake ka anna oka sari cheppadi anna please