Tax Saving Tips: Investing in NSC will get the benefit of tax saving along with better interest rate, know details


National Saving Certificate: The Government of India runs different types of Small Saving Schemes for every section of the country. By investing in it, common people can get strong returns. The name of one such scheme is National Savings Certificate. If you want to invest in NSC i.e. National Savings Certificate scheme, then you can buy it by going to any post office in the country. Recently, the government has increased the interest rates of this scheme. Till December 2022, a 6.8 percent interest rate was being offered to investors under this scheme, which has now been increased to 7 percent. Along with good returns, the special thing about this scheme is that it can also get the benefit of tax saving (Tax Saving Benefits).


Get the benefit of tax saving
The month of March has started. The financial year 2022-23 is at its last stage. In such a situation, if you want to get tax exemption, then this is your last chance. In such a situation, it is very important to do tax planning before March 31. Under the National Savings Certificate, investors also get the benefit of tax saving (NSC Tax Saving Benefits). People investing in this scheme get a tax exemption of Rs 1.5 lakh under section 80C of income tax.

How much can be invested in the National Savings Certificate Scheme?
You can start investing in this small savings scheme of the post office with a small amount of just Rs 1,000. At the same time, there is no limit on the maximum investment in this scheme. People prefer to invest more in this scheme than in FD because it gives the benefit of higher returns than the FD of many banks. The maturity of this scheme is after 5 years. To invest in this scheme, you can go to any post office and buy a certificate for an amount above 1,000.


There are three types of NSC
You can invest in this scheme singly. A minor can also invest in it.
At the same time, two investors together can jointly buy this certificate.
And thirdly, two people invest together, but only one person gets the money.

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