Tax saving Scheme: Invest in these government schemes for tax benefits, check the list..

The Central Government is running many types of schemes. In these schemes, the beneficiary gets the benefit of tax savings along with profits.

If you are also planning for tax saving, then today we will tell you about some government schemes through which you can easily avail the tax exemption.

PPF
The Public Provident Fund (PPF) is a small savings scheme. In this, a tax benefit of up to Rs 1.5 lakh is available under Section 80C of the Income Tax Act. You can invest a maximum of Rs 1.5 lakh in PPF in 1 year. At the same time, you have to invest a minimum of Rs 500.

In this, you have to invest for 15 years. On which the investor gets interest of 7.1 percent.

Sukanya Samriddhi Yojana
Under the Beti Bachao, Beti Padhao scheme, the Government of India has started Sukanya Samriddhi Yojana. In this scheme, you can invest in your daughter's education and marriage. In this, you have to invest a minimum of Rs 250 and a maximum of Rs 1.5 lakh every year.

If investment is not made the account will be frozen. 8 percent interest is available in this scheme. The government also provides tax benefits along with guaranteed returns. In this scheme also, tax up to Rs 1.5 lakh can be saved under section 80C of the Income Tax Act.

Employees provident fund
Many employees invest in the Employees Provident Fund (EPFO) to continue earning income even after retirement. In this scheme, a fixed amount is invested by the company with the employee. The government also pays interest on the amount invested.

This scheme is also included in the tax saving scheme. In this scheme also, you can avail tax exemption of up to Rs 1.5 lakh under Income Tax 80C.

National Saving Scheme
Tax saving benefits are also available in the National Saving Scheme. In this scheme, an interest of 7.70 percent is given on the investment amount. You can avail tax exemption of up to Rs 1.5 lakh under 80C in this scheme.

Equity Linked Savings Schemes
Equity Linked Savings Schemes (ELSS) of mutual funds is also a very good option for tax saving. In this, the investor gets a tax benefit of up to Rs 1.50 lakh under 80C.

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