TAX Saving
By Divya Jain
July 20, 2023
A government backed long-term investment option offering tax-free interest.
Interest Rate - 7.1%/annum
A government backed retirement savings scheme with tax benefits for salaried and self-employed professionals.
Interest Rate - Variable
A mandatory contribution for employees, providing tax advantages managed by EPFO.
Interest Rate - 8.1%/annum
Tax-saving mutual funds with potential for high returns.
Interest Rate - Volatile
A government backed fixed income scheme with tax benefits.
Interest Rate - 6.8%/annum
A government-owned insurance company with tax deductions up to Rs 1.5Lakh under section 80C.
Interest Rate - 4-6%/ annum
A savings scheme for the girl child with tax exemptions.
Interest Rate - 7.6%/annum
A fixed deposit scheme with tax benefits upto Rs 1.5 Lakhs under Section 80C
Interest Rate - 5-7%/annum (determined by individual banks)
A government backed savings scheme for senior citizens with tax advantages.
Interest Rate - 7.4%/annum
An insurance-cum-investment plan with tax benefits under section 80C.
Interest Rate - Dependent on factors like Investment period
Deduction on home loan principal repayment under Section 80C upto Rs 1.5 Lakh
Interest Rate - Not Applicable
Deduction on tuition fees paid for children's education under Section 80C up to Rs 1.5 Lakh.
Interest Rate - Not Applicable
Deduction on health insurance premiums under Section 80D up to Rs 25K.
Interest Rate - Not Applicable
Tax deduction on donations made to specified charitable institutions under Section 80G.
Interest Rate - Not Applicable