Summary of Section 80C

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Summary of Section 80C

Deduction u/s 80C for AY 19-20



Nature of Payment

  1.  Life insurance premium (including payment made by government employees to the central government employees insurance scheme and payment made by a person under children's deferred endowment assurance policy).
  2. Payment in respect of non-commutable deferred annuity.
  3. Any sum deducted from salary payable to government employee for the purpose of securing him a deferred annuity.
  4. Contribution (not being repayment of loan) towards statutory provident fund and recognized provident fund.
  5. Contribution (not being repayment of loan) towards 15 year public provident fund.
  6. Contribution towards an approved Superannuation fund.
  7. Contribution to National Saving Certificate and deposit in "Sukanya Samriddhi Account".
  8. Contribution for participating in the unit-linked insurance plan (ULIP) of Unit Trust of India.
  9. Contribution for participating in the unit-linked insurance plan (ULIP) of LIC Mutual Fund (i.e. formerly known as Dhanraksha Plan of LIC Mutual Fund).
  10. Payment for notified annuity plan of LIC (i.e. Jeevan Dhara and Jeevan Akshay) or any other insurer (i.e. Immediate Annuity Plan of ICICI Prudential Life Insurance Company, TATA AIG Easy Retire Annuity Plan of TATA AIG Life Insurance Company)
  11. Subscription towards notified Units of Mutual Fund or UTI
  12. Contribution to notified pension fund set up by mutual fund or UTI (i.e. Retirement Benefit Unit Scheme of UTI, Kothari Pioneer pension Plan of Kothari Mutual Fund and Reliance Retirement Fund).
  13. Any Sum paid (including Accrued interest) as subscription to Home Loan Account Scheme of National Housing Bank or Contribution to any notified deposit scheme pension fund set up by national housing bank.


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