7 Tax Saving Investments That Suits Your Needs


National Pension System:

National Pension System is the most lucrative here compared to other options discussed above, as it is more attractive tax-saving tool offering an additional tax deduction of 50,000. Also, pension fund managers have been allowed to invest in a larger basket of stocks and no longer have to invest passively by mirroring the index. Active investments in stocks will help generate better returns for investors.

Read More: Tax Saving Options for High Net Worth Investors in 2016

Mutual Fund Industry's Asset Base Surges 21pct To 13.4 Lakh Cr In 2015