Here are unit some vital sections of the taxation Act you must fathom.
Section 80C – Investments
This section remained untouched within the latest budget announcement. But, did you recognize there area unit a minimum of fourteen instruments through that you’ll be able to claim tax deductions underneath Section 80C?
Under section 80C, a deduction of Rs. 1,50,000 will be claimed from your total financial gain for FY 2017-18. This deduction is allowed to a personal or a Hindu Undivided Family.