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Sec 80C

Senior Citizens’ Savings Scheme: Excellent Investment for Tax Saving & Regular Income

Senior Citizens Savings Scheme for Regualr Income and Tax Saving Senior Citizens’ Savings Scheme (SCSS) is one of the best fixed deposit schemes for Retired Senior Citizens as its safe (backed by Government of India), has assured quarterly payments, gives tax benefit and easy to handle. This post provides details of rules and regulations for SCSS. Who can open SCSS? As the name states, anyone […] Continue reading →

Submitting Income Tax Proof to Employer – Guidelines, Dos & Don’ts

Submit Tax Proof to Employer - Guidelines, Dos & Don’ts It’s time of the year when everyone including your employer is worried about your taxes. Most people would have received mail from their Accounts department about “submission of proofs for investments done to claim income tax exemption”. In case you have not, it might be on its way. This post helps you understand why salaried […] Continue reading →

Highest Tax Saving Bank Fixed Deposit Rates U/S 80C – January 2018

Highest Tax Saving Bank Fixed Deposit Rates – 80C – January 2018 Tax Saving Fixed Deposits one of the most popular way to save taxes u/s 80C of income tax. These are like normal Fixed Deposit with banks but is labeled as “Tax Saving FD” while making the deposit. Why you Should Invest? Convenient to invest. ICICI Bank, SBI, HDFC Bank, etc offers online facility for Tax […] Continue reading →

NSC (National Saving Certificate)- Tax Benefit, Interest Rates & more…

Save Tax - Invest in NSC NSC (National Saving Certificate) is popular tax saving investment under section 80C. It has maturity of 5 years and is guaranteed by Government of India. This post lists the significant features of NSC, tax benefit, taxation, loan available, etc Interest Rate on NSC: As of today (for October to December 2017 quarter) NSC gets 7.8% […] Continue reading →