What is best investment option to save Income Tax?


Dear Sir,
Please guide what is best investment options to save Income tax in India? I am planning to purchase Insurance policy is it best tax saving option.

1 answer

raviraj Staff December 16, 2015

As per me Best Investment option for Income Tax Saving is ELSS ( Equity Linked Saving Scheme). You should invest in good ELSS scheme.
Please remember that lock in period of ELSS is 3 years. You can expect 12-15% return from ELSS.


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