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Comparing other Tax saving options
| Investment | After 5Yrs | Lockin Period | Pre-tax Returns | Tax Applicable |
|---|---|---|---|---|
| ELSS | 3.29L* | 3 Years | 16-23% | No Tax |
| 5 Year Bank FD | 1.91L* | 5 Years | 7.10% | Interest is Taxable |
| PPF | 2.2L* | 15 Years | 8.1% | No Tax |
| NSC | 2.19L* | 5-10 Years | 7.90% | Interest is Taxable |
| Life Insurance | 1.91L* | 5 Years | 0-7% | No Tax |
* post tax returns for a one time(lumpsum) investment of Rs 1.5L