Finance Minster Increased the limit of investment u/s 80C of Income tax from Rs.1,00,000/- to Rs.1,50,000/- for AY 2015-16 onward. List of investment that can be done under 80 C are
1. Provident Fund
2. Public Provident Fund
3. Life Insurance
4. Tuition Fees
5. Housing Loan Principal Repayment
6. NSC
7. Fixed Deposit ( Lock in period of 5 Years)
8. ULIP
80C Limit Increased by Rs.50000/- in Budget 2014
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