What is best investment option to save Income Tax?

Answered
Public
Share

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
Share

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.

#1

Please login or Register to Submit Answer