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Section 80C for NRIs: What You Can Claim — and What Can Cost You Later
🚨 NRIs often assume every 80C investment automatically gives tax benefits in India.
That mistake can lead to incorrect tax filing and unnecessary notices.
✅ NRIs CAN claim deductions under Section 80C — but only for eligible investments linked to taxable Indian income.
✔️ Commonly allowed deductions:
• Life insurance premium
• ELSS mutual funds
• Home loan principal repayment
• Tuition fees paid in India
❌ But not every popular investment qualifies for NRIs:
• New PPF accounts are not permitted
• Certain small savings schemes are restricted
⚠️ Important to remember:
80C deductions apply only against taxable income earned in India.
💡 Smart tax planning is not about claiming everything —
It’s about claiming what is legally valid.
📌 Filing incorrectly today can create problems later during scrutiny or assessment.
💼 At Tax Harbour, we help NRIs and seafarers:
✔️ Identify eligible deductions
✔️ Plan taxes efficiently
✔️ File accurate returns
✔️ Avoid unnecessary compliance issues
📞 9015575710 | 9821617961
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