At DhanCreators, we create awareness about various tax-efficient investment options available under the Income Tax Act. Our role is to help investors understand these options and make informed choices as per their own financial needs. Please note, we do not provide tax advice — investors are encouraged to consult a qualified tax professional for personalized guidance.
ELSS (Equity-Linked Saving Scheme) is a type of mutual fund that qualifies for tax deduction under Section 80C of the Income Tax Act. ELSS primarily invests in equity and has a mandatory lock-in period of 3 years. Investors may benefit from potential wealth creation while availing tax-saving benefits.
PPF (Public Provident Fund) is a long-term savings scheme backed by the Government of India. Contributions are eligible for tax deduction under Section 80C, and interest earned is tax-free. It has a tenure of 15 years, extendable in blocks of 5 years.
ULIPs (Unit Linked Insurance Plans) combine insurance with investment. A portion of the premium goes toward life cover and the rest is invested in market-linked instruments. Certain ULIPs are eligible for tax benefits under Section 80C and Section 10(10D).
NPS (National Pension System) is a retirement savings scheme regulated by PFRDA. Contributions are eligible for tax deduction under Section 80C and an additional benefit under Section 80CCD(1B). NPS invests in equity, government securities, and bonds as per investor choice.
VPF (Voluntary Provident Fund) is an optional contribution made by employees over and above their EPF contributions. It enjoys the same tax benefits as EPF under Section 80C and offers tax-free interest.
