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What is the best way to use Section 80C?

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bobby_123

Since financial is coming to end ..please share 

WHAT ARE THE VARIOUS TAX-SAVING OPTIONS UNDER SECTION 80C. ?


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The Best Best is PPF.. Risk free standard returns and no tax on the interest too.

ELSS may give better returns but subject to market risk.. No guarantee that you will get high returns.

With NPS you can save extra 50000 in tax under section 80CCD(1B)


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Tax saving options under Section 80C

There are several options you can choose to save tax under Section 80C of the Income Tax Act. These include:

  1. Equity Linked Saving Scheme (ELSS)
  2. National Pension Scheme (NPS)
  3. Unit Linked Insurance Plan (ULIP)
  4. Public Provident Fund (PPF)
  5. Sukanya Samriddhi Yojana (SSY)
  6. National Savings Certificate (NSC)
  7. Fixed Deposit (FD)
  8. Employee Provident Fund (EPF)
Generous Generous
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Tax saving options under Section 80C

There are several options you can choose to save tax under Section 80C of the Income Tax Act. These include:

  1. Equity Linked Saving Scheme (ELSS)
  2. National Pension Scheme (NPS)
  3. Unit Linked Insurance Plan (ULIP)
  4. Public Provident Fund (PPF)
  5. Sukanya Samriddhi Yojana (SSY)
  6. National Savings Certificate (NSC)
  7. Fixed Deposit (FD)
  8. Employee Provident Fund (EPF)
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NPS doesn't come under 80C. Also, it's tax saving FD. Not the normal one. Be aware.

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For me ppf is best

150k per year

Output-40L 

If I extend 5 year-60L 


in 40, my investment is 22.5L

I can keep this profit and my tax is zero on this amount.

In any other case

10-15% will be taken by gov in the name of tax.


if I get to keep my ppf for 25 year

That is close 1 cr with 0 tax

After 10-15 years we all might be paying 10-30% tax on all income 

So tax free income make sense to me.


Just my 2 cent

And this is risk free

I put money in risk free first and rest in risk instruments.


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