Tax saving options under 80C

Tax Saving Fixed deposits

PPF – Public Provident Fund

EPF – Employee provident fund

ELSS – Equity Linked Savings Scheme

NSC – National Savings Certificate

ULIP – Unit linked Insurance Plans

Other Tax saving options

HRA
Deductions on rent. Note: Staying with parents? You can still claim HRA

Tax Benefit:

50% of the basic salary (metro)

40% of the basic salary (Non metro)
Medical Insurance
Health insurance premiums are tax deductible

Tax Benefit:

₹ 25,000 for self

₹ 50,000 for parents (60+ years)
Education Loan
You can avail a tax deduction on the interest paid on education loan
Tax Benefit:Total interest of the EMI paid during the financial year
House Loan
Tax deduction on housing loan

Tax Benefit:

Upto ₹2 lakhs can be claimed on the interest portion Upto ₹1.5 lakhs can be claimed under 80C on the principal
Learn More about Tax Saving