Discover the top investment options to save taxes under various sections of the Income Tax Act.

ELSS Funds

Equity Linked Savings Schemes (ELSS) are mutual funds that offer tax benefits under Section 80C.

Tax benefit: Up to ₹1.5 lakh deduction, with a 3-year lock-in period.

Public Provident Fund

PPF is a long-term savings option with tax benefits under Section 80C.

Tax benefit: Interest is tax-free, and investments up to ₹1.5 lakh are eligible for deduction.

National Savings Certificate

NSC is a fixed-income investment under Section 80C.

Tax benefit: ₹1.5 lakh deduction with a 5-year lock-in period.

National Pension Scheme

NPS provides tax savings under Sections 80C and 80CCD(1B).

Tax benefit: Additional deduction of ₹50,000, plus up to ₹1.5 lakh under Section 80C.

Fixed Deposits

Tax-saving FDs offer deductions under Section 80C.

Tax benefit: ₹1.5 lakh deduction with a 5-year lock-in.

Sukanya Samriddhi Yojana

SSY is a savings scheme for the girl child under Section 80C.

Tax benefit: ₹1.5 lakh deduction, plus tax-free interest.

Unit Linked Insurance Plan

ULIP offers both investment and insurance benefits under Section 80C.

Tax benefit: ₹1.5 lakh deduction with market-linked returns.

Health Insurance

Health insurance premiums are tax-deductible under Section 80D.

Tax benefit: Up to ₹25,000 (₹50,000 for senior citizens).

Start planning your investments now to optimize your tax savings!