What are the best tax-saving investment options in India ?
Here’s a curated list of the **best tax-saving investment options in India** for FY 2024-25, along with their benefits, lock-in periods, and ideal use cases to maximize returns while minimizing tax liability under **Section 80C** (up to ₹1.5 lakh/year) and other sections: --- ### **1. Equity-Linked Savings Scheme (ELSS)** - **Tax Benefit**: ₹1.5 lakh under **Section 80C**. - **Lock-in**: 3 years (shortest among 80C options). - **Returns**: 12–15% CAGR (historically). - **Why Invest?** - Potential for high returns via equity exposure. - No tax on long-term capital gains (LTCG) up to ₹1 lakh/year. - **Top Funds**: - *Axis ELSS Tax Saver Fund* - *Parag Parikh ELSS Tax Saver Fund* **Best For**: Young investors with moderate risk appetite. --- ### **2. Public Provident Fund (PPF)** - **Tax Benefit**: ₹1.5 lakh under **Sect...