Page 4 - HDFC Bank | Take the cut out of your tax cut

Income Tax Eligible
Section Assessee Deductions Limit of Deduction

6. Subscription to NSC VIII Issue.
7. Deposits under notified deposit scheme or
notified pension fund set up by National
Housing Bank.

8. Housing Loan repayments and certain payments

like stamp duty, registration charges etc. for
purchase / construction of a residential
house property.

9. Subscription to notified schemes of public
sector companies engaged in house financing
10. Subscription to notified Pension Fund set up by
Mutual Fund
11. Payment of Tuition Fees for full time education
of any 2 children
12. Investments in shares or debentures of approved
public company exclusively engaged in
infrastructure facility or power sector.

13. Investments in units of notified mutual fund
investing in approved public company as in
12 above.
14. Term Deposit with scheduled bank for 5 years
or more.
15. Deposit in Senior Citizen Savings Scheme, 2004.
16. Five year time deposit in an account under Post
Office Time Deposit Rules, 1981.
17. Subscription to notified bonds issued by
NABARD.
18. Annuity plan of LIC or any other approved
insurer.
19. Contribution to Sukanya Samriddhi Scheme in
the name of the individual, or any girl child of
that individual (Any payment to the assessee/
beneficiary under the scheme shall not be
taxable.)
20. Contribution to a specified account of the
pension scheme referred to in section 80CCD by
Employee of the Central Government.
(a) for a period of not less than 3 years; and
(b) in a scheme which is notified by the
Government

4
*Based on Retail Loan book size (excluding mortgages). Source: Annual Reports FY 20-21 and No.1 on market capitalisation based on BSE data as on 31st Dec, 2021