Top 5 Small Saving Schemes which provide the benefit of Section 80C, see the complete list here

Post Office Schemes are still very popular among investors because there is no fear of sinking money in them. Today we are going to tell you about such post office schemes, in which you can create a big fund by investing. Along with this, this scheme also helps in tax saving. Through these schemes, you can save tax up to Rs 1.5 lakh under section 80C.

These are the 5 Top Tax Saving Schemes

1. Public Provident Fund (PPF)

PPF is very popular among investors. Under this scheme, you can deposit a large amount. Along with this, tax saving of Rs 1.5 lakh is also done under section 80C. Under this scheme, your money remains deposited for 15 years. At the same time, a return of 7.1 percent is available under PPF.

2. National Savings Certificate (NSC)

You can start this scheme with an amount of just Rs 1000. Like PPF, you can also claim tax deductions through this scheme. Under NSC, tax up to Rs 1.5 lakh can be saved by using section 80C.

This scheme gives 7.7 percent interest. At the same time, money can be invested in it for 5 years.

3. Senior Citizen Saving Scheme (SCSS)
This scheme is very popular for retirement planning. Senior Citizen Saving Scheme can be started with just Rs 1000. At the same time, a maximum of Rs 30 lakh can be invested in it. Under SCSS, you get a return of 8.2 percent.

Along with this, you can also avail tax deduction under section 80C in SCSS.

4. Sukanya Samriddhi Yojana (SSY)
Sukanya Samriddhi Yojana has been launched especially for girls. Under this scheme, you can deposit a large amount for the future of your daughter. Along with investment, this scheme also gives the benefit of tax saving. You can start this scheme with an amount of Rs 250.

Tax savings of up to Rs 1.5 lakh can be done under section 80C. Under SSY, investors get up to 8.2 percent return.

5. Post Office Time Deposit Scheme (POTD)

Under this scheme, you can invest money for 5 years. In this scheme also, you get the benefit of tax saving up to Rs 1.5 lakh under section 80C.

Along with this, you can start this scheme with an amount of Rs 1000. However, it is worth noting that if you have invested for less than 5 years, then tax benefit is not available. Under this scheme, 7.5 percent return is available.

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