Your contribution to National Pension Scheme (NPS) is covered under Section 80CCD(1). Your employer's contribution is covered under Section 80CCD(2). The extra deduction on NPS is covered under Section 80CCD(1B). You can claim a total deduction of R1.5 lakh under Section 80C, Section 80CCC, Section 80CCD(1) and R50,000 under Section 80CCD (1B). In short, you can claim a total deduction of R2 lakh under Section 80C and Section 80CCD.
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Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds
Top 10 Tax Saving Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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