10 tax-saving investment options

Fixed deposit: Tax deduction under Section 80C of Income Tax Act

Source: Freepik

Unit Linked Insurance Plan (ULIP): Tax deduction under Section 80C and Seection 10 (10D) of Income Tax Act

Source: Freepik

Public Provident Fund: Tax deduction under Section 80C Income Tax Act

Source: Freepik

Life insurance: Tax deduction under Section 80C Income Tax Act. Proceeds on death/maturity are tax-free under Section 10(D)

Source: Unsplash

Tax-saving mutual funds: Tax deduction under Section 80C of Income Tax Act

Source: Freepik

Pension plans: Tax deduction under Section 80CCC of Income Tax Act

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National Savings Certificate (NSC): Tax deduction under Section 80C Income Tax Act

Source: Indian post

Health insurance or Mediclaim: Tax deduction under Section 80D

Source: Freepik

Senior Citizen Savings Scheme: Tax deduction under Section 80C Income Tax Act

Source: Unsplash

National Pension Scheme (NPS): Tax deduction under Section 80CCD of the Income Tax Act

Source: Unsplash