Saturday, November 25, 2017

5 Investments to Save up to Rs 45,000 on Income Tax 2017-18

Hello,

You can now save up to Rs 45,000 every year in taxes and earn interest on top of that! Invest with ClearTax on the best Tax saving investment option and get your investment proof instantly.
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Investment

Returns

Lock-in Period

Tax on Returns

5-Year Bank Fixed Deposit

6% to 7%

5 years

Yes

Public Provident Fund (PPF)

7% to 8%

15 years

No

National Savings Certificate

7% to 8%

5 years

Yes

National Pension System

8% to 10%

Till Retirement

Partially Taxable

ELSS Funds

15% to 18%

3 years

No

To know more about the various tax-saving options available to you click here.

Find out how much tax you can save in 2 easy steps:
Step 1: Calculate your tax payable for FY 2017-18 using our Income Tax Calculator
Step 2: Optimize and reduce the tax you pay by investing in tax-saving investment options
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Why choose ClearTax to save tax?
✓ Best Tax Saving options with Highest Returns
✓ Completely Paperless - Invest Online in just 5 minutes
✓ Get your Investment Proof instantly
✓ Reliable Expert Support

If you have any questions, please reach us at 080-39513541 or write to us at invest@cleartax.in

Happy to help.
Best,
Team ClearTax

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