Tax saving through Equity Linked Savings Schemes (ELSS) & Public Provident Fund (PPF)
If one can stay invested in PPF for 15 years, then why not consider investing in ELSS for a duration that is at least as long?
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How to choose the right tax saving investment for you?
An additional deduction for investment up to Rs. 50,000 in NPS is available to NPS subscribers under subsection 80CCD (1B). This is over and above the deduction of Rs. 1.5 lakh available under section 80C of Income Tax Act.
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