What is the difference between 80C Investment Options and Statutory Bonus?
80C Investment Options is designed to answer questions about 80c investment options using eligible instruments, contributions. Statutory Bonus is designed for statutory bonus using source value and source unit. They are complementary tools that target different inputs and outputs.
When should I use 80C Investment Options?
Use 80C Investment Options when your task is india 80c planning and you need a total 80c deduction used, room left from eligible instruments, contributions.
When should I use Statutory Bonus instead?
Use Statutory Bonus when the question is statutory bonus estimate and decision support and your inputs are source value and source unit. The result is a statutory bonus result, derived from the inputs above.
Are 80C Investment Options and Statutory Bonus free?
Yes. Both run entirely in your browser, require no login, and are free to use without limits. Your inputs are not transmitted to any server.
Is one more accurate than the other?
Accuracy depends on the inputs you provide, not on the tool. 80C Investment Options uses 1.5l cap with eligible-instrument list and is accurate for 80c investment options when its inputs are correct. Statutory Bonus uses linear scale factor or affine conversion and is accurate for statutory bonus under the same condition.