How to save Maximum income tax

[Vickymaster1010]

is home loan good option to save tax?

 

[Testcc]

80C : Points to various expenditures and investments that are exempted from Income Tax.
80CCC : Individual can claim tax deduction for contributions made to certain pension funds. The tax benefit is only for payments in the form of premium for any annuity plan of LIC or any other insurer.
80CCD :deductions available to individuals against contributions made to the National Pension Scheme (NPS)
80CCF : benefits for taxpayers who invest in government-approved infrastructure bonds. Subsection of 80C
80D : Medical Insurance Deduction
80DD : Deduction for the medical treatment of a dependent with disability(ies) or differently abled.
80E : Deduction for Loan for Higher Studies
80G : Deduction for Donations
80GG : Deduction for Rent Paid for people who do not receive HRA
80U : Deduction for disabled persons
80RRB : Deduction is given to taxpayers for income from royalty on a patent.
80QQB : Deductions for Royalty Income of Authors
80 TTA: Deduction on Savings Account Interest up to Rs 10000

 

[Deleted member 9785]

Can someone explain how to use benefit of 80d for payment of hospital bills for parents not given by insurance

Section 80D Deductions - What is Section 80D? Deductions Under Medical Insurance, Eligibility And Policies

What is Section 80D? Every individual or HUF can claim a deduction from their total income for medical insurance premiums paid in any given year under Section 80D. Read this article to know about medical insurance under Section 80D.

cleartax.in

 

[tushu5121]

can i claim my fathers parkinson in 80ddb and in fathers it file in 80u

Request you to take advise from a expert idon't have much knowledge of taxation