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Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Section 80E

Regulation & tax
Also called: 80E

An income tax deduction for the whole interest paid on an education loan, for up to eight years.

In plain terms

Interest only, no upper limit, from a bank or approved institution — and available only under the old tax regime.

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Indian stock market glossary · Market Vidyalaya