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Regarding 80 C

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(Querist)
18 February 2021 Would 80 C continue in FY 2021_22 or not
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
18 February 2021 Continue under old option but new option also available.
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Ganeshbabu K

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Ganeshbabu K (Expert)
20 February 2021 The new regime has removed around 70 of the existing deductions and exemptions including HRA, LTA, standard deduction and 80C, which includes investments in Public Provident Fund (PPF) and Equity-Linked Savings Scheme (ELSS), among others.

The taxpayers have the option to continue with the current tax rates and avail various deductions available now,
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