taxes
February 25, 20266 min read
Tax-Saving Under Section 80C: Best Investment Options
By Surya Prakash
Financial Analyst & Editor
What is Section 80C?
Section 80C of the Income Tax Act allows individual taxpayers to claim deductions up to ₹1.5 Lakhs per year by investing in specified tax-saving schemes.
Best Options Compared
- PPF: 15-year lock-in, safe government returns, EEE tax status.
- ELSS Mutual Funds: 3-year lock-in (shortest), equity market returns, subject to capital gains tax.
- EPF: Mandatory for salaried individuals, high interest rate, secure retirement corpus.
How to Choose
Choose ELSS if you seek high market returns and have a high risk appetite. Choose PPF or tax-saving FDs if you prioritize safety and guaranteed capital protection.
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