Tax Saving Investments Under Section 80C

Section 80C of the Income Tax Act allows deductions of up to ₹1.5 Lakh per financial year. Here are the best investment options to maximize your tax savings.

ELSS Mutual Funds

Equity Linked Savings Scheme (ELSS) offers tax benefits with potential for high returns. It has a 3-year lock-in period.

Public Provident Fund (PPF)

PPF offers safe returns with sovereign guarantee. It has a 15-year tenure and current interest rate of 7.1%.

National Pension System (NPS)

NPS offers additional tax benefits under Section 80CCD(1B) over and above the ₹1.5 Lakh limit.