Tax saving options under 80C

The limit for claiming tax deduction under 80C is 1 lakh

Below are few saving options under 80C:

 

·         PF / EPF – Provident Fund

·         PPF – Public Provident Fun

·         NSC – National Savings Certificate

·         5 year Fixed Bank deposits

·         5 year Post Office time deposit

·         ELSS – Equity Linked Savings Scheme

·         LIC – Life Insurance Premium

·         ULIP – Unit Linked Insurance Plan

·         Pension Fund

·         NPS – National Pension Scheme

·         Tuition Fees – Education of first 2 children

·         Stamp duty & registration charges for a home

·         Home loan principal repayment