India's 5 Tax Saving Strategies

Equity-Linked Savings Programmes

You can save up to $31.5 lakh in taxes each year by investing in diversified mutual funds called ELSS. You have two options for tax returns: growth options or dividends.

PPF, or Public Provident Fund

The returns on PPF accounts in this long-term investing option are tax-free.

National Pension System (NPS)

The Pension Regulatory Fund Authority of India manages and regulates the widely used tax-saving investment known as NPS.

Unit-Linked Insurance Plan (ULIP)