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How Section 80C helps you save tax
April 17, 2009
Miscellaneous Benefits
Accrued interest on National Saving Certificate
Interest accrued on NSC investments provide tax benefits
Tuition fees paid for children's education (maximum 2 children)
The amount paid for the school or tuition fees can be deducted from your taxable amount
Principal component of home loan repayment
The maximum amount of home loan principal repayment eligible for deduction u/s 80C is up to Rs 100,000.
Also read: India, Asia's 4th most corrupt nation
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