Under Section 80C, taxpayers can claim deductions of up to 1,50,000 per financial year. However, there is an additional deduction of up to Rs 50,000 permitted for deposits made to an NPS account. The Section 80C deduction applies to investments like life insurance premiums EPF, PPF, ULIPs, home loan repayment, child’s tuition fees, and much more. The limit of Rs 1,50,000 is inclusive of subsections like 80CCC, 80CCD(1), and 80CCD(2).