GIS Duduction

Can I claim GIS Deduction in 80 c Under income tax ?
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Quick Summary
This discussion clarifies whether Group Insurance Scheme (GIS) deductions can be claimed under Section 80C of the Income Tax Act. It confirms that GIS premiums are eligible for deduction if they are directly deducted from your salary or listed as a perquisite in your Form 16. This allows you to reduce your taxable income by claiming these deductions.

Group Insurance Schemes effecting the insurance on life are eligible U/s 80C.  

You can claim only if GIS premium is deducted from your salary or it's shown as perqusite in Form 16.
You can claim

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