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Skip to mainThe IT department has offered a variety of deductions from taxable income under several sections to encourage taxpayers to save and invest. Despite the fact that 80C is the most well-known, there are other deductions that help taxpayers to lower their tax obligations. Tax exemptions and deductions are permitted under Income Tax (I-T) regulations for expenses other than Provident Fund, tax-saving mutual funds, insurance policies, home loans, and health insurance.
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