Tuesday, March 7, 2017

Before investing for tax savings know this..

BEFORE INVESTING FOR TAX SAVINGS KNOW THIS....
Below is the list of investments/expenses eligible for deduction u/s 80C:


Provident Fund (EPF/ VPF)
Public Provident Fund (PPF)
Sukanya Samriddhi Account
National Saving Certificate (NSC)
Senior Citizen’s Saving Scheme (SCSS)
Tax Saving Fixed Deposits (for 5 Years)
Life Insurance Premium
Pension Plans from Mutual Funds
Pension Plans from Insurance Companies
New Pension Scheme (NPS)
Tax Saving Mutual Funds (ELSS)
Central Govt. Employees Pension Scheme
Principal Payment on Home Loan
Tuition Fees for up to 2  children
Stamp Duty for registration of Home

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