10 Income Tax-Saving Options Beyond Section 80C Limit

Many taxpayers exhaust the Rs. 1.5 lakh tax deduction limit under Section 80C (Representational image) Income tax deductions on life insurance premium, an employee’s contribution towards EPF (Employee Provident Fund), PPF (Public Provident Fund), children’s tuition fees, pension plans, principal repayment on home loans and a host of other investment options are covered under Section 80C of the Income Tax Act. Many taxpayers exhaust the Rs. 1.5 lakh tax deduction limit under Section 80C. Additional investment in the various options will not provide further tax benefits. Here are some of…

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U.N. proposes options for sending police to Burundi, government OKs 20

United Nations Secretary-General Ban Ki-moon has proposed sending between 20 and 3,000 police to Burundi, where political violence has been simmering for a year, but warned that the government signalled it would only accept 20 unarmed experts. In a report, seen by Reuters on Monday, Ban outlined three possible options for a police deployment to the small landlocked African state as requested by the 15-member U.N. Security Council in a resolution unanimously adopted earlier this month. Tit-for-tat attacks between President Pierre Nkurunziza’s security forces and his opponents have escalated since…

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