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What happens if I don't utilize the full tax-saving limit under 80C?

Curious about tax savings

What happens if I don't utilize the full tax-saving limit under 80C?

If you do not utilize the full taxsaving limit under Section 80C of the Income Tax Act, the amount that you have not utilized cannot be carried forward to the next financial year. You will lose the opportunity to claim a tax deduction on the unutilized amount. Therefore, it is advisable to plan your investments and utilize the full taxsaving limit under Section 80C to reduce your tax liability.re you curious about your financial future? Our financial experts are here to help, and at no cost to you! At Samrat Investments, we're dedicated to providing you with the best financial advice for a better life and greater profits. Join us today and experience the difference of our cuttingedge fintech solutions.

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