Top 7 Best Tax Saving Options for last minute Planning
5 year FD/NSC/ SCSS
Deductions u/s 80C
up to Rs. 1.5 Lakh
7
ULIP
Deductions u/s 80C
up to Rs. 1.5 Lakh
6
Medical/Health Insurance
Deductions u/s 80D
up to Rs. 75 K for self and SC Parents
5
PPF
Deductions u/s 80C
up to Rs. 1.5 Lakh
4
Home Loan Repayment / Prepayment
Ded. u/s 24 up to Rs.2 L on Interest & Rs.1.5 L on Principal u/s 80c
3
NPS
Ded. u/s 80CCD (1B) up to Rs. 50000 on additional investment
2
ELSS
Ded. u/s 80C) up to Rs. 1.5L
1
Medical Expenses for certain diseases
u/s 80DDB from Rs. 40k to 1Lakh
Bonus
Read More about tax saving option ELSS
Bonus
Learn more