Section 80C
Section 80C Deduction
TaxationA 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
ELSSPPFTax SavingOld Tax Regime
From the research
Valuation
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