CHANDAN KUMAR DEY (8 Points)
14 July 2018
CA Naveen Chand
(Chartered Accountant)
(12739 Points)
Replied 14 July 2018
| 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 (NPS) | 8% to 10% | Till Retirement | Partially Taxable |
| ELSS Funds | 15% to 18% | 3 years | No |
CA Naveen Chand
(Chartered Accountant)
(12739 Points)
Replied 14 July 2018
deduction under sectin 80c
however interest is taxable
and lock-in period is 5 years
CAclubindia
