📚 Tax Planning

Best Tax Saving Options India 2024 – 80C Investment Guide

📅 January 2024⏱ 7 min read
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Section 80C: ₹1.5 Lakh Deduction

At 30% slab, ₹1.5L 80C investment saves ₹46,800 in tax annually.

OptionReturnsLock-inTax on Maturity
ELSS12-15%3 yrs10% LTCG
PPF7.1%15 yrsTax-Free
NPS8-12%Till 6060% exempt
NSC7.7%5 yrsTaxable
Tax FD7-7.5%5 yrsTaxable

Recommended Strategy

EPF (auto) + ELSS SIP (best returns, shortest lock-in) + NPS ₹50K (extra deduction under 80CCD(1B)). Total saving up to ₹78,000 at 30% slab.

Calculate your ELSS returns: ELSS Calculator

Contact: myself@sipcalculators.in

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