| Section 80C:
In Equity Linked Savings Scheme:
In Specified shares / units of Mutual Funds
For Life Insurance Premium
Under Pension Plan
Under Deferred Annuity Plan
Unit Linked Insurance Plan
To Public Provident Fund
To Recognized Provident Fund
Provident Funds on Salaries
To Superannuation Fund
In Term Deposit with a Scheduled Bank
In National Saving Certificate
Interest Accrued on NSC
Time Deposit with post Office
Senior Citiziens Savings Scheme
Investment in Infrastructure Bonds
Investment in NABARAD TaxSaving Bonds
Tuition fees paid for Children
Other Tax Saving Investment
Deduction with respect to life insurance premia, deferred annuity, contributions to provident fund, subscription to certain equity shares or debentures, etc. |
Maximum Rs. 1,00,000/- |
| Section 80CCC:
In Notified Pension Fund
Under Annuity Plan
Deduction with respect to contribution to certain pension funds |
Maximum Rs. 1,00,000/- |
| Section 80CCD:
Contribution to Pension Scheme of Central Government
Deduction with respect to contribution to pension scheme of Central Government |
Employer's and employee's contribution subjected maximum of 10% of salary
Maximum Rs. 1,00,000/- For Sec. 80C, 80CCC, 80CCD combined |
| Section 80CCF:
Long term Infrastructure Bond notified by Central Government
Deduction with respect to Long term Infrastructure Bond notified by Central Government |
Maximum Rs. 20,000/- |
| Section 80D:
Amount Paid for Medical Insurance Premium
Deduction with respect to medical insurance premia |
Maximum Rs. 15,000/- for Self, Spouse, Children
Maximum Rs. 15,000/- for Parents
Additional Rs. 5,000/- For Senior Citizen |
| Section 80DD:
Expenditure for the medical treatment, training or recovery of any of your family member who is handicapped and totally dependent upon you for support and maintenance
Deduction with respect to maintenance including medical treatment of a dependent who is a person with disability |
Maximum Rs. 50,000/- with Disability
Maximum Rs. 1,00,000/- with Severe Disability |
| Section 80DDB:
Expenditure on medical treatment of yourself or any of your family members suffering from specified disease
Deduction with respect to medical treatment, etc. |
Maximum Rs. 40,000/-
Additional Rs. 20,000/- For Senior Citizen |
| Section 80E:
Interest paid on loan taken for your Higher Education
Deduction with respect to interest on loan taken for higher education |
Actual amount paid |
| Section 80G:
Charitable Contributions
Deduction with respect to donations to certain funds, charitable institutions, etc. |
100% or 50% of eligible donations |
| Section 80GG:
Rent paid during the year for your Residential House
Deduction with respect to rents paid |
Maximum Rs. 2,000/- per month |
| Section 80GGA:
Contribution Made to various association / institution for Scientific Research or Rural Development
Deduction with respect to certain donations for scientific research or rural development |
100% of sum donated |
| Section 80GGC:
Contribution Made to Political Parties
Deduction with respect to contributions given by any person to political parties |
100% of sum contributed |
| Section 80U:
Person Disability
Deduction in case of a person with disability |
Maximum Rs. 50,000/- with Disability
Maximum Rs. 1,00,000/- with Severe Disability |
