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General
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Most of us are aware of the concept of deductions from gross total income available to a taxpayer. One can claim deductions from one's gross total income by investing in avenues specified by the government. These deductions are available under different sections of the Income Tax Act, 1961. The most popular deduction is under Section 80C, but there are other deductions also which may be available to you but you might miss out on them due to lack of knowledge.
Also Read: 14 investments you can claim as tax break under Section 80C