Tax Saving Options: Invest in these government schemes for tax benefits, see the list

New Delhi. 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 to save tax, then today we will tell you about some government schemes through which you can easily avail tax exemption.

ppf savings scheme

Public Provident Fund (PPF) is a small savings scheme. In this, 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 will have to invest a minimum of Rs 500.

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

Sukanya Samriddhi Yojana

Under the Beti Bachao, Beti Padhao scheme, the Government of India has launched Sukanya Samriddhi Yojana. In this scheme you can invest for your daughter's education and marriage. In this you will 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 provides guaranteed returns as well as tax benefits. 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 from 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 Savings Scheme

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

Equity Linked Savings Schemes

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