Hello Sir
Any persional savings in India ( LIC Premium, NSC, PPF etc) by Non Resident Indians is eligible for deduction U/Sec. 80C - Please guide me.
Surendra Reddy
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DEDUCTION U/SEC.80C TO NRI
Replies (4)
Hi Sir,
It is deductible to NRI also, as there is no specific restriction for NRI in that section
yup It is deductible.
Sec 80C intends to promote savings and promote expenditure on some socially desirable matters. It is equally available for Residents and NRs
Sec 80 C is available for both Residents and Non-Residents...........
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