Income Tax: This is a powerful fund to save tax, there will be savings, but you will get big returns

Income Tax: These schemes can help you save tax.

New Delhi : To save tax if you are a salaried employee (income tax saving) There are many options available. Along with tax savings, you can also get huge returns. If your salary becomes tax-eligible, then you will have to pay tax on it. but in some plans (plan) Investing not only saves tax but also earns handsomely due to good returns. So if you are looking for tax saving option then these schemes will help you. Invest in this scheme by 31 March. so ITR (ITR) to deduct you when paying (cut) claim can be made.

in Equity Linked Savings Scheme (ELSS) you save This will save tax and will also get fat returns on it. This mutual fund will have all the three benefits. In this, you get tax exemption of up to 1.5 lakhs under section 80C of the Income Tax Act.

An investor can start a SIP of Rs 100 in Equity Linked Savings Scheme. So the maximum amount can also be invested. This scheme gives an average return of 10 to 12 per cent. Long term investment in mutual funds gives more benefits.

public provident fund (PPF) This is the most popular scheme for tax saving. This is a good plan for long term investment. 1.5 lakh tax relief under section 80C of the Income Tax Act under the scheme. There is savings, but the returns are good.

National Pension Scheme (NPS) Tax saving scheme. Under section 80C of the Income Tax Act, tax exemption of up to 2 lakh is available. While Rs 1.5 lakh is available under section CCD (1) and an additional Rs 50,000 under CCD (1B). This plan is good.

provident fund (PF) Tax deductions can be claimed on the investment. This is a good plan to get money after retirement. Employees who contribute to Employees’ Provident Fund (EPF) get tax relief under Section 80C. Benefits to investors.

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in health insurance plan (insurance policy) Investors also get tax relief. Under Section 80C of the Income Tax Act, he not only gets a deduction of up to Rs 1.5 lakh, but also an additional deduction of Rs 25,000.

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