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<h1>Tax Deductions for Individuals & HUFs: Life Insurance, Annuities, Provident Funds u/s 80C. Lower Your Tax Liability.</h1> Section 80C provides tax deductions for individual and Hindu Undivided Family (HUF) taxpayers. It covers deductions related to life insurance premiums, deferred annuities, and contributions to provident funds, among other eligible investments. This section allows taxpayers to reduce their taxable income by claiming deductions on specified expenditures and investments, ultimately lowering their tax liability.
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