Deductions of Chapter VI A (Part B) - OVERVIEW - Available to Individuals / HUF in respect of certain payments

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.... as does not exceed of his salary in the tax year. (a) 14%, where such contribution is made by the employer being the Central Government or the State Government; and (b) 10%, where such contribution is made by an employer other than an employer referred to in clause (a), Individual 125 Agnipath Scheme contribution deduction As notified by Government Individual 126 Health insurance premium, preventive health check-up  For Self + Spouse + Children subject to limit aggregate of (a) and (b) is Rs. 50,000/- (a) Health Insurance - 25000/-  (b) Medical Expenditure - 5,0,000/- For Parent subject to limit aggregate of (a) and (b) is Rs....

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.... has been Sanctioned between period beginning on the 1st April, 2019 and ending on the 31st March, 2023 Up to Rs.1,50,000 Individual, HUF 133 Deduction in respect of donations to certain funds, charitable institutions, etc. 50% or 100% of eligible donation depending on institution Individual, HUF  134 Deductions in respect of rents paid. Payment of such rent exceeding 10% of his total income, subject to a maximum of Rs. 5000 per month, or 25% of total income for tax year, whichever is less. Individual, HUF 135 Deduction in respect of certain donations for scientific research or rural development. 100% amount allowed as a deduction Individual, HUF 137 Deduction in....

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....nd HUF 80CCB Deduction in respect of investment made under Equity Linked Savings Scheme : Maximum deduction allowed is Rs. 10,000 and Rs. 1,50,000 taken 80C, 80CCA and 80CCB and 80CCC together [No deduction shall be allowed to any amount deposited on after 1st April 1992] Individual and HUF 80CCC Pension Fund: Maximum deduction allowed is Rs. 1,50,000 Individuals 80CCD Contribution by an individual towards NPS / Contribution by employees / Contribution by employer [Upto Specified limit] Additional deduction of Rs.50,000 allowed u/s 80CCD(1B) Individuals /Employee 80CCE Limit on deductions under sections 80C, 80CCC and 80CCD (limit of Rs.1,50,000) Individuals / HUF ....