Tax Saving Ways

Could you please elaborate more on 80C securities ?

I think that certain investment options also give you a way to save tax legally. Investments like ELSS and Unit linked Insurance Plans( ULIPs) help you save taxes 

Invest under:

- NSC

- Tax saving FDs more than 5 years,

- Post Office deposits

- LIC policies - you can also invest into ULIP

- ELSS schemes of mutual funds

Originally posted by : Spurto Consultancy Services
	Invest under: - NSC - Tax saving FDs more than 5 years, - Post Office deposits - LIC policies - you can also invest into ULIP - ELSS schemes of mutual funds

Isn't post office deposits a very outdated concept? And can taxes still be saved on that?

Could you please elaborate more of what NSC is? What would it mean to invest in NSC?