Thursday, March 12, 2015

TAX SAVING SCHEME ON NATIONAL SAVINGS SCHEMES ELIGIBLE U/S 80C


TAX  SAVING  SCHEME ON
NATIONAL SAVINGS SCHEMES ELIGIBLE U/S 80C
Saving Instrument
Rate of Int. p.a.
Lock-in Period
( in Yrs.)
Aggregate Tax Exemption Limit U/s 80C
Bank Depsoit-Tax Saving
8 - 9 %
5
1.5 Lakh
Equity Linked ( ELSS) Fund SchemeMarket Defined31.5 Lakh
Nationa Saving Certificate (NSC)8.50%51.5 Lakh
Post Time Depsot Account ( 5 Yrs.)8.50%51.5 Lakh
Public Provedent Fund (PPF)8.70%151.5 Lakh
Unit Linked Insurance Plan ( ULIPs)Market definedvariable1.5 Lakh
Prem. paid on Life Insurance Policies including Pension Plan5% - 7%31.5 Lakh
Senior Citizen Saving Scheme9.20%51.5 Lakh