Invest 1 Lakh & Get Rs.44,000 Interest With This Scheme #shorts #nationalsavingcertificate #kowshik

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Invest 1 Lakh & Get Rs.44,000 Interest With This Scheme #shorts #nationalsavingcertificate #kowshik
#postoffice2023 #postofficeinterestrates #postofficeschemes

The National Savings Certificate (NSC) is a fixed-income investment scheme that you can open with any post office branch. This is an initiative by the Government of India and encourages subscribers – mainly small to mid-income investors – to invest while saving also saving on income tax.

NSC is one of the tax-saving investment options available under Section 80C of the Income Tax Act, 1961. The other popular options are Equity Linked Savings Schemes (ELSS), National Pension System (NPS), Public Provident Fund (PPF) and Tax-Saving Fixed Deposits (FD). The table below compares NSC with other tax-saving investments:

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