List of Income Tax Sections 80C and Other Tax Sections in India


Every Individual who pays Income tax must aware of the Income Tax Sections like Section 80C and other Income tax Sections for saving money.

Tax Section Plan Name Description
Section 80 C Life Insurance Premium LIC Can avail for Self/Spouse/Children
Section 80 C Public Provident Fund PPF Can avail for Self/Spouse/Children only upto Rs 1,50,000 in an year
Section 80 C National Savings Certificate NSC Can avail only for Self
Section 80 C Post Office Time Depoisits Can avail only for Self, with Minimum lock in period of 5 years
Section 80 C Tax Saving Bonds in Infrastructure Companies Can avail only for Self
Section 80 C Equity Linked Saving Scheme (ELSS) or Tax Saving Mutual Funds Can avail only for Self
Section 80 C Unit Linked Insurance Plan ULIP Can avail only for Self
Section 80 C Principal Repayment on Housing Loan Houseloan amount in year
Section 80 C Children Education Expenses Only for two children for Tuition Fees, excluding Donations/Building Fund
Section 80 C Tax Saving Fixed Deposits Can avail only for Self, with Minimum lock in period of 5 years
Section 80 C Senior Citizen Savings Scheme Can avail only for Self
Section 80 C Sukanya Samriddhi Account Scheme Only for Girl child under 15 years
Section 80 CCC Investment made in Annuity Plan of LIC Can avail for Self/Spouse/Children
Section 80 CCD New Pension Scheme NPS Can avail only for Self
Section 80 CCD(1B) Additonal Rs.50000 towards NPS Can avail only for Self
Section 80 CCG Rajiv Gandhi Equity Saving Scheme Upto Rs 50000 in an year, with lock in period of 3 years
Section 80 D Mediclaim Insurance Premium Can avail Self/Spouse/Children, upto Rs 25000, if parents above 60 years then extra Rs 5000
Section 80 E Education Loan Interest Repayment Can avail for Self/Spouse/Children
Section 80 DD Medical Treatment of Handicapped Dependant Can avail for dependants
Section 80 U Person Suffering from a permanent physical disability Can avail for dependants
Section 80 G For Donations Donations done to NGO’s etc.,
IT Deduction For House Rental Can avail for Self upto Rs 100000, if exceeds must submit Landlords PAN card.

 For more Income Tax sections and Income tax saving options refer  to the Income Tax of India Website.

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