SIP for Tax Saving
How to claim Deductions on Section 80C?.
Section 80C
Under section 80C, a deduction of Rs 1,50,000 can be claimed from your total income. In simple terms, you can reduce up to Rs 1,50,000 from your total taxable income through section 80C. This deduction is allowed to an Individual or a HUF. We advice our clients to invest in Mutual Fund ELSS to claim thie benefit under this section.
What are other types of deductions available?
Section 80CCD: Deduction for Contribution to Pension Account
Section 80 TTA: Deduction from gross total income for Interest on Savings bank account
Section 80GG: Deduction for House Rent Paid where HRA is not received
Section 80E: Deduction for Interest on Education Loan for Higher Studies
Section 80EE: Deductions on Home Loan Interest for First Time Home Owners
Section 80CCG: Rajiv Gandhi Equity Saving Scheme (RGESS)
Section 80D: Deduction for premium paid for Medical Insurance
Section 80DD: Deduction for Rehabilitation of Handicapped Dependent Relative
Section 80DDB: Deduction for Medical Expenditure on Self or Dependent Relative
Section 80U: Deduction for Person suffering from Physical Disability
Section 80G: Deduction for donations towards Social Causes
Section 80GGB: Deduction on contributions given by companies to Political Parties
Section 80GGC: Deduction on contributions given by any person to Political Parties.
Which are the Mutual Funds available under sec 80C?
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How to file Tax returns? Our tax related services
We offer complete advice and solution related to your tax needs. We help our clients achieve maximum benefits under available sections of Income Tax. We generally help and guide our clients in terms of filing online Income tax through government of India website. DO meet us for tax counseling and suggestions on best tax saving investments like- ELSS or Medical policies.
Goal based Investments
Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes.
We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.
AMFI Registration Mutual Fund Distributor | ARN: 38058 | Initial Registration: 21 April 2006 | Current Validity: 24 April 2026
Grievance Officer: Ashish Kumar Singh | 9670733000 | ashish.singh@sipkaroindia.com
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