Six income tax-saving investments under Section 80C

20-11-2018

In a few months time, the accounts department of your organisation will seek proof of your income-tax saving investments under Section 80C and other deductions. PPF (public provident fund), ULIP (Unit Linked Insurance Plan), ELSS mutual funds (Equity Linked Savings Schemes), National Savings Certificate (NSC), 5-year bank fixed deposits (FDs) and Sukanya Samriddhi Yojana are some of the popular investment options that offer tax benefits under Section 80C. Ideally, you should start planning your tax-saving investments from the beginning of the financial year. Financial planners say that the choice of investments to save income tax under Section 80C should be in line with your financial

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Dearness Allowance

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Defence

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Posting / Promotion/ Transfer Central Govt.

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