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Save tax under section 80C of Income Tax Act, 1961 subject to conditions*

Additionally, investment up to Rs.50,000 is deductible from taxable income u/s 80CCD (1B) of Income Tax Act, 1961

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*In case of Tier-1,for Salaried Individual investment up to 10% of Salary and for Self Employed Professionals investment up to 20% of Gross Annual Income is deductible from taxable income u/s 80CCD (1) of Income Tax Act, 1961 subject to 1.5 lakhs limit of section 80C

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