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MRP 12th Plan Guidelines
MRP 12th Plan Guidelines
1. Section 80C: A deduction of Rs. 1, 50,000 can be claimed on your total income u/s
80C. This deduction is allowed to an Individual or a HUF. Below given are several
investments, expenses and payments allowed to be claimed under section 80C.
Maximum deduction allowed cannot exceed Rs. 1, 50,000.
Investments:
Donations eligible for 100% deduction subject to 10% of adjusted gross total income
Donations eligible for 50% deduction subject to 10% of adjusted gross total income: