Glossary

Section 80C

Deductions up to ₹1.5 lakh a year for things like EPF, PPF, ELSS and life insurance. Old regime only.

Example

If your EPF is ₹28,800, another ₹1,21,200 of PPF or ELSS would use the full ₹1.5 lakh.

Learn more in Old or new tax regime: which one is yours (4 min).

See also: ELSS, PPF, Old tax regime

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