80 C SAVINGS - WHO's NAME CAN BE DONE ,MINIMUM HOLDING PERIOD RAJA BABU 2 days ago 80C , childeren name , huf member name , Income tax , Investing , Life insurance , own name , ppf limit , saving linit u/s 80c , wifes name Advertisement Generally person has some confusion about on who's name saving under section can be done and whether 80C benefit can be availed where investment is being done in the name of children or wife/Husband name or Joint name . We have consolidated the rules which resolve the issue . After reading this post if any doubt left then ask queries in comment section . Deduction under section 80C schemes in total is available up to Rs.150000 /- including 80CCD and 80CCC Addition deduction of Rs 50000/- available for NPS under section 80CCD(1B) The limit of one lac as above is total limit u/s 80C for all type of savings ,plus section 80CCC(pension policy) plus u/s 80CCD(Contributory Pension Plan).Means the aggreg
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