How to show interest on NSC in Income Tax Return?

showing interest on NSC in Income Tax Return

How to show interest on NSC in Income Tax Return? One of the best ways to save income tax u/s 80C is investing in National Saving Certificates. NSC can be purchased from the post office, which has 5 years tenure. While you can claim this amount from 80C exemption, interest from NSC is taxable. It needs to be shown as taxable income while filing income tax return. However, there is a lot of confusion about how to show NSC interest […]

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Post Office Schemes in India-Who should invest?

Post Office schemes in India

Post Office Schemes in India-Who should invest? If you are looking for a safe investment option, invest in Post Office Schemes in India. Post office schemes in India include Public Provident Fund, Term deposits, Recurring Deposits and National Saving Certificates. This article is based on request from Maithili on “Suggest a topic” option to write an article about Post office schemes, its features and latest updates on this. Post office schemes in India Indian post office offers small saving schemes […]

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National Saving Certificates (NSC) – A Complete guide

National Saving Certificates – A Complete guide

National Saving Certificates – A Complete guide National Saving certificate is issued by Post Offices in India and is a very good small saving scheme. Do you know that investment in NSC can be created in such a way that it provides regular fixed income and can be used as one of the retirement planning options? In this article we would discuss complete details about National Saving Certificate, how this is used for reducing tax, how the interest income is taxed […]

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10 safe investment options in India

10 safe investment options in India

Overview – 10 safe investment options in India Many of us keep investing in various investment options and think they might be safe investment options. Few of our friends has similar opinion, hence I thought I should list down the options for safe investments in India so that several investors like you also get benefitted. What are safe investments? Safe investments are those where the investment amount + to some extent interest / returns are protected. 10 safe investment options […]

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