ENRICHWISE - Finance/TAX - Channel
ENRICHWISE - Finance/TAX - Channel
May 31, 2025 at 04:56 AM
🧾 Don’t treat Section 80C like a checkbox. Used smartly, it’s one of the most powerful tax-saving tools available — especially under the old tax regime. Here’s how it works: 💡 Section 80C allows deductions up to ₹1.5 lakh through options like: * ELSS (Equity Linked Saving Schemes) * Life Insurance premiums * School tuition fees * PPF, EPF, and more Let’s say you invest: 📌 ₹50,000 in life insurance 📌 ₹1,00,000 in ELSS ✅ That’s not just your full 80C limit covered — it’s also a plan that offers protection + potential growth If you're in the 30% tax slab, that’s ₹45,000 saved in tax, without locking your money for 15 years or settling for low returns. 📉 Most people either underuse or misuse this section. 📈 Smart taxpayers optimize every rupee. 📩 Want to review your 80C usage? Reach out to Team Enrichwise today. 📞 Call us at 98218 60804, 96533 87088 or visit us at 5th Floor, Bellona, The Walk, Hiranandani Estate, Thane (W) 400 607 for Investments, Insurance & Tax Advisory.

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