Best 80C Investment Options 2017

Best 80C Investment Options 2017. Such investments include elss (equity linked saving scheme), fixed deposits, life insurance, public provident fund, national savings scheme, and bonds. These are the best tax saving schemes available under section 80c:

Tax Savings options other than Sec.80C for FY 201718
Tax Savings options other than Sec.80C for FY 201718 from www.testway.in

This combination will take total deduction one can claim with nps to ₹ 2 lakh. How to save taxes by. The popular tax saving investment options giving deductions u/s 80c of the income tax act.

The Best Example For Eee Category Of Investment Will Be The Public Provident Fund (Ppf).

In case you invest in these bonds, you can claim tax deductions up to rs.1.5 lakh under section 80c of the income tax act. Investment in long term insurance plan from bank or company for more than 5 years. Some of the most popular 80c investments are listed below.

Since Elss Funds Invest A Large Amount In Equity, There Is Always Some Inherent Risk.

Investment in deferred annuity fund; They differ considerably in risk, returns and maturity. Elss (equity linked savings scheme) are the tax savings scheme that invest primarily in equities.

However, Only The Latter Qualifies For Tax Deductions.

List of 80c investment in india given below. Taxpayers can save additional tax by investing up to ₹ 50,000 in nps. Both lump sum investment and the amount invested through a systematic investment plan (sip) qualifies for the deduction.

In This Guide We Have Explained All The Investment Options Available Under 80C Alongwith Their Eligibility Criteria.

Section 80c of the income tax act allows individuals to invest an amount up to rs 1,50,000 per annum from their taxable income. Deposits in ppf can be made as a lump sum or in installments. Section 80c deduction includes various income tax saving options/instruments which taxpayer can choose to increase their investment plans.

Bhavishya Nirman Bonds And Nabard Rural Bonds.

That is, an extra deduction of rs 50,000 is available in case of investing in nps. Investment in national saving certificate in post office Such investments include elss (equity linked saving scheme), fixed deposits, life insurance, public provident fund, national savings scheme, and bonds.

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