How well do you know income tax deduction u/s 80C Quiz

 

At the end of every financial year, many tax payers rush towards making investments to minimize taxes, without adequate knowledge of the various available options. The Income tax Act offers many deduction under section 80C to reduce tax liability substantially for the salaried individuals Viz. LIP, PPF, Housing Loan, Mutual Fund, NSC, Fixed Deposit etc. Here is a quiz to check yourself to know how you are equipped to use tax saving instruments.

 

Other Articles on Tax Savings Tips for Employees

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About CA Prakash Chartered Accountant Bangalore

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CA Prakash is a practicing chartered accountant and partner in Bangalore -based CA Firm. For further information or query, please email it to team@simplifiedlaws.com

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