 "Here is a snapshot of various popular tax saving investment schemes")
- Your choice of Section 80C investments, for enjoying deduction of up to Rs 1.5 lakh, should be in line with your financial goals.
- A large chunk of the Section 80C limit will get filled by your monthly contributions to Employees' Provident Fund (EPF).
- PPF is a wise choice for investors looking for capital protection and tax-free return. But it comes with a 15-year lock-in.
- ELSS works for those looking for higher returns, but willing to tolerate the volatility of equities.
- NPS is low cost and good for investors with a moderate risk profile.
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