Five Tax Saving Investment Options to get Tax Free Returns. As tax season approaches, many people are looking for ways to reduce their tax burden. One effective strategy is to invest in tax-saving investment options. These investments not only help you save taxes but also offer financial security and growth opportunities. In this article, we'll explore five tax-saving investment options that you can consider. Public Provident Fund (PPF) The Public Provident Fund (PPF) is a popular tax-saving investment option in India. It is a long-term investment that provides guaranteed returns, making it an ideal option for risk-averse investors. The interest earned on PPF is tax-free, and the investment is eligible for tax deduction under Section 80C of the Income Tax Act. The current interest rate for PPF is 7.1% per annum. National Pension Scheme (NPS) : The National Pension Scheme (NPS) is a retirement-focused investment option that provides tax benefits under Section 80C and Section 80C
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