In India, section 80C allows 1.5 lakhs from gross total income for investments, insurance and specified expenses. This 1.5 Lakhs is non taxable to encourage saving and investment among Indian citizens. The eligible investments include life insurance, Equity Linked Savings Schemes (ELSS) mutual funds, Public Provident Fund (PPF), National Savings Certificate (NSC), etc., while expenses and outflows can include tuition ...
Credit cards is issued to by financial institutions (mostly banks), they offer money that needs to be repaid within a stipulated time. Not everyone gets credit card or eligible to get credit card. Credit card is issued to person who has source of income. Credit cards to make payments and keep a record of your purchases online. All you need ...