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"80c" tag

Income tax, 80C and Investment in the economy

The recently presented Budget by the finance minister for the financial year 2020-21 has puzzled income-tax payers guessing their tax liability. The new rates have also led to wide ranging discussions amongst policy makers from...


Term Life Insurance—A Good Choice among 80C Tax Saving Schemes

The Income Tax (IT) Act, 1961 provides several benefits under Section 80C for taxpayers to reduce their tax liabilities. Some of these include equity-linked savings scheme (ELSS), public provident fund (PPF), pension plans, insurance policies, fixed deposits...