Understanding and Claiming Deductions under Chapter VI-A: The Income Tax Act provides various deductions under Chapter VI-A that can significantly reduce your taxable income. The most popular is Section 80C, allowing deductions up to ₹1.5 lakh for investments in PPF, ELSS, NPS, life insurance premiums, and home loan principal repayment. Other common deductions include Section 80D for ... https://nipunhub.com