My coworker Rahul spent the whole weekend feverishly searching Google to find out if his recurring deposit was eligible for tax breaks. He had been putting away ₹10,000 every month for two years, thinking it would help him arrange his taxes. The reality check wasn’t fun.A lot of investors think this regarding recurrent deposit tax benefits. Knowing how taxes really work helps you make smart choices instead of finding out bad news when it’s time to file your taxes. Are Recurring Deposits Eligible for Tax Deductions Under Section 80C?A lot of individuals think that regular recurring contributions can be deducted…