Deductions List on Investments under Section 80C
- 539
- 8
-
- Last Comment
Here are the various investments you can make to save tax under Section 80C of the Income Tax Act:
Investment options |
Minimum lock-in period |
Rate of interest |
Associated Risk |
NPS |
Till the age of 60 years |
8% to 10% |
High |
ELSS |
3 years |
Ranging between 12% and 15% |
High |
PPF |
15 years |
7.1% |
Low |
SCSS |
5 years |
8.2% |
Low |
NSC |
5 years |
7.7% |
Low |
ULIP |
5 years |
Ranging between 8% and 10% |
Moderate |
Fixed Deposit |
5 years |
Up to 8.40% |
Low |
Sukanya Samriddhi Yojana |
21 years |
8.00% |
Low |
Source - Bankbazaar
- Sort By
Formatting is messed up in mobile app
My salary total income was 7.65 lakh so if I opt new tax regime then I have to pay 15k tax and if old regime is opted then I have to do investment any other option to pay 0 tax without investment
Std ded - 50000
Prof tax -2400
Have u deducted all that from your gross sal?
NPS comes under 80D right?
much needed to mention- applicable/available for individuals opting for old tax regime