Tax saving options under 80C

The limit for claiming tax deduction under 80C is 1 lakh

Below are few saving options under 80C:

 

·         PF / EPF – Provident Fund

·         PPF – Public Provident Fun

·         NSC – National Savings Certificate

·         5 year Fixed Bank deposits

·         5 year Post Office time deposit

·         ELSS – Equity Linked Savings Scheme

·         LIC – Life Insurance Premium

·         ULIP – Unit Linked Insurance Plan

·         Pension Fund

·         NPS – National Pension Scheme

·         Tuition Fees – Education of first 2 children

·         Stamp duty & registration charges for a home

·         Home loan principal repayment

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Income tax calculator for year 2013-2014

You can use this Income Tax calculator to calculate your income tax well in advance

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Income tax 2013-2014 slab India

The latest income tax slab to calculate your tax for Year 2013-2014 based on budget 2013 budget.

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Income tax 2012-2013 slab India

The latest income tax slab to calculate your tax for Year 2012-2013 based on budget 2012 budget.

Tax exemption limit raised to Rs 2 lakhs and tax rates has changed for other slabs too.

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Income Tax 2012-2013 Proof Submission Guidelines

Income Tax(IT) 2011-2012 Proof Submission Guidelines..

Please find below the details of each Section, respective Component, Proof that needs to be submitted and Tax Benefits in below Guidelines..

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Income Tax Dependent Benefit Details

Income Tax 2012-2013 Proof Submission Guidelines -Dependent Benefit Details…

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