Tax Glossary Definition
A tax benefit available to individuals and Hindu Undivided Families (HUFs) for specified investments and expenditures such as PPF, ELSS, life insurance premiums, and children’s tuition fees. The aggregate deduction under this section is capped at ₹1.5 lakh per financial year.
Example: An individual investing in ELSS and paying life insurance premiums can claim a combined deduction of up to ₹1.5 lakh under Section 80C.
Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.
We ensure maximum tax benefits.
Taxes? Handled by our CAs and experts.
Reliable, year-round tax support at no cost.
Satisfaction or your money back came twice.
Mobile App Available on: