Top 5 Investment Options to Save Tax in India

Maximize your tax savings and build a strong and secure financial future for life. Here are a few top 5 tax saving options in India for 2024 that will help you achieve your financial goals.

EPF tax deduction comes under section 80, making it important for salaried individuals.

Employee Provident Fund (EPF)

EPF tax deduction comes under section 80. It offers attractive interest rates and tax-free returns.

Public Provident Fund (PPF)

ELSS funds provide equity market returns and tax savings with the deduction as per section 80C, and it is valuable for a shorter lock-in period.

Equity Linked Savings Scheme (ELSS)

NPS is a retirement scheme that benefits under section 80CCD(1), and other additional deductions also come under section 80CCD(1B).

National Pension Scheme (NPS)

Tax-saving FDs offer assured returns with a 5-year lock-in period and tax deductions under section 80C.

Tax-Saving Fixed Deposits (FDs)

With an NCDEX Demat account, you can help farmers bolster the growth of agricultural products and support one of the prime employment generation sectors of the economy.

Importance of NCDEX Demat Account

NCDEX chana and Soyabean help you increase your profits. Proper knowledge and planning are required to earn profit from the market. Shyam Advisory Limited provides the best strategy to achieve your investment gold and profits.

Recommendation for NCDEX Trading

Thanks For Watching