allows you to save tax through number of schemes.
of Post Office Schemes
do not want to go for tax saving schemes offered by Post office as
the return in those schemes ranges from about 7% - 8% p.a. along
with lock-in period from 6 years to 15 years. Similarly, in case of
LIC policy, the premium has to pay for number of years and there is
tax saving schemes have less lock-in period as compared to post
office schemes i.e. of 3 years which means you can withdraw your
money before 3 years. The returns have gone much higher than post
office schemes in the last 2 years.
Tax Free Income
Tax free on
yr bank deposit
selected some of the best schemes which offers tax benefits and
they've given good returns in the past couple of years.