how much we can get deduction from u/s 80c, 80d or 80g etc?



how much we can get deduction from u/s 80c, 80d or 80g etc?
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2 Replies to “how much we can get deduction from u/s 80c, 80d or 80g etc?”


  1. Schemes eligible for Section 80C benefits
    Rs 100000(80c)
    PPF
    ELSS – Mutual Funds
    NSC
    KVP
    Life Insurance
    Senior Citizen Saving Scheme 2004
    Post Office Time Deposit Account
    80D mdical insurance
    Deduction on Medical insurance premium paid for himself,spouse,dependent children =Rs 15000 maximum.
    Deduction on Medical insurance premium paid for parents ,whether dependent on assesee or not =Rs 15000 maximum
    DEDUCTION IN RESPECT OF DONATIONS TO CERTAIN FUNDS, CHARITABLE INSTITUTIONS, ETC. (80G)

    (1) In computing the total income of an assessee, there shall be deducted, in accordance with and subject to the provisions of this section, – (i) In a case where the aggregate of the sums specified in sub-section (2) includes any sum or sums of the nature specified in sub-clause (iiia) or in sub-clause (iiiaa) or in sub-clause (iiiab) or in sub-clause (iiie) or in sub-clause (iiif) or in sub-clause (iiig) or in sub-clause (iiih) sub-clause (iiiha) or sub-clause (iiihb) or sub-clause (iiihc) or sub-clause (iiihd) or sub-clause (iiihe) or sub-clause (iiihf) or sub-clause (iiihg) or sub-clause (iiihh) or sub-clause (iiihi) or in sub-clause (vii) of clause (a) thereof, an amount equal to the whole of the sum or, as the case may be, sums of such nature plus fifty per cent of the balance of such aggregate; and

    (ii) In any other case, an amount equal to fifty per cent of the aggregate of the sums specified in sub-section (2).

    (2) The sums referred to in sub-section (1) shall be the following, namely :- (a) Any sums paid by the assessee in the previous year as donations to – (i) The National Defence Fund set up by the Central Government; or

    (ii) The Jawaharlal Nehru Memorial Fund referred to in the Deed of Declaration of Trust adopted by the National Committee at its meeting held on the 17th day of August, 1964; or

    (iii) The Prime Minister’s Drought Relief Fund; or

    (iiia) The Prime Minister’s National Relief Fund; or

    (iiiaa) The Prime Minister’s Armenia Earthquake Relief Fund; or

    (iiiab) The Africa (Public Contributions – India) Fund; or





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