Best Investment 80c

There are many options which come under 80C like PPF PF FD ELSS Mutual Funds etc. Elss vs ppf best investment of section 80c In the previous topic we have learned about tax planning and tax exemption components to pay zero tax for 9 to 95 lakhs annual income.

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You can claim maximum deduction of Rs 15 Lakhs us 80C including Sections 80CCC 80CCD by investing in eligible instruments.

Best investment 80c. 06022019 Other Good Investment Options. Section 80C is the most widely used for claiming Income Tax Deductions. These all best investme.

Best Tax Saving Investment option under Sec 80C Section 80C Investment in ELSS Fund or Tax Saving Mutual Fund is considered as the best tax saving option. Unfortunately investments and expenditures allowed us 80C is too crowded and that makes the choice difficult for most people. 06052016 Section 80C of the Income Tax Act came into effect on 1 April 2006.

05112014 What is 80C Tax Deduction. It basically allows certain expenditures and investments to be exempt from tax. In this video I am talking about Some Best_Investment Under Income_Tax Section 80C.

This benefit of Rs 100000 of tax saving investment is available to everyone irrespective of his or her income levels. We all know that by Section 80C we can exempt our tax up to 15 Lakhs. In the last 3 years there ar.

Also there are no tax liabilities if withdrawn by. The maximum deductions which can be claimed under Section 80C is Rs. The subscriber can avail of the tax exemption up to 15 lakh under Section 80C.

Senior Citizen Saving Scheme SCS S Sukanya Samriddhi Yojana SSY. 02122019 Investments for Section 80C. 21032012 Among these Section 80C is the major one implemented by every tax payer.

These funds are specially designed to give you dual benefit of saving taxes and getting higher returns on investment. Lets look at the comparison of these schemes on various factors. If you plan your investments well and spread them intelligently across different investments such as PPF NSC etc you can claim deductions up to Rs15 lakh thereby lowering your tax liability.

Here is the best Investment option Under 80C. Under Section 80C of the Income Tax Act 1961 there is a total exemption limit under section of Rs 100000 which can be saved so as to avoid tax payment as per income brackets. Lets have a look on INVESTMENTS eligible for deductions under section 80C of.

It has a lock-in period of 5 years and currently offers a return of 74. 05062021 SCSS is best suited for senior citizens over the age of 60. Note that apart from the ones discussed above there are three other good investment schemes.

Because it is one of the best way to save our income from tax and it is providing higher exemption limit as per IT Act 1961. As you can see there are a lot of good tax saving investment options that can be availed under 80C deductions but each has its own pros and cons. 26022021 As one of the best tax-saving investments the tax benefit offers under SSY are.

The investments made in Sukanya Samriddhi Yojana are eligible for tax exemption up to the maximum limit of Rs15 lakh under section 80C of IT Act. As you can see ELSS Mutual Funds is the clear winner in this case. 05112017 Best Investment options under Section 80C.

November 5 2017 by tinymoneydrops posted in Uncategorized.

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