Section 80C

    Section 80C Deduction

    Taxation

    A popular income tax deduction under the Old Tax Regime for investments up to ₹1.5 lakh in specified instruments.

    Formula

    Maximum deduction: ₹1,50,000 per year

    Why it matters

    Reduces taxable income significantly. ELSS funds offer 80C benefit with shortest lock-in (3 years) among options.

    Indian example

    Related terms