Frequently Asked Questions
What is the maximum 80C deduction limit for FY 2025-26? ＋
The aggregate deduction under Section 80C, 80CCC, and 80CCD(1) together is capped at ₹1,50,000 per financial year. This means even if your total 80C investments exceed ₹1.5 lakh, only ₹1.5 lakh will be allowed as deduction.
What is the additional NPS deduction under 80CCD(1B)? ＋
Over and above the ₹1.5L limit, you can claim an additional deduction of up to ₹50,000 for contributions to NPS (National Pension System) under Section 80CCD(1B). This is exclusive and not part of the ₹1.5L cap.
What is Section 80D and what is its limit? ＋
Section 80D allows deduction for health insurance premiums. For self and family (below 60): up to ₹25,000. If you or your spouse/parents are senior citizens (60+): up to ₹50,000. You can claim both self+family AND parents separately.
Is home loan principal part of 80C? ＋
Yes. The principal repayment on a home loan for a self-occupied or let-out property qualifies under Section 80C within the ₹1.5L aggregate limit. The interest component is separately deductible under Section 24(b).
What is Section 24(b) home loan interest deduction? ＋
Section 24(b) allows deduction of home loan interest. For self-occupied property: up to ₹2,00,000 per year. For let-out property: actual interest with no limit. This is separate from the 80C limit.