Sec.80C – Investments – Vishranth & Karthik

Sec.80C – Investments

Particulars of Investment	Eligibility	Liquidity	Rate of Interest	Investment Limit	Tax Treatment
Investments in Tax Saving FDs	Resident Indian individuals can open	Lock-in Period of 5 Years	5.5% to 7.75%	Min. of Rs.1,000	Interest earned is taxable
Investments in PPF (Public Provident Fund)	Resident Indian individuals can open	Lock-in Period of 15 Years	8.00%	Min. of Rs.500	Interest earned is tax-free
Investments in EPF (Employee Provident Fund)	Employee with basic salary greater than 15,000 /month can open	Can withdraw PF balance after 2 months of leaving job	8.55%	12% of Basic Pay + D.A	Entire PF balance (including interest) is tax-free, if withdrawn after continuous service of 5 years
Investments in NPS (National Pension System)	Indian citizen between the age of 18 and 60 can open	Lock-in Period of 15 Years	12.00% to 14.00%	No Limit	Employer contributions are tax-free
Investments in ULIP (Unit linked Insurance Plans)	Can be bought for Self, Spouse or Child	Lock-in Period of 5 Years	12.00% to 14.00%	No Limit	Withdrawals & maturity amount are tax-free
Investments in Sukanya Samriddhi Yojana	Parent/guardian of a girl child till she attains the age of 10	50% withdrawal when girl child reaches 18 years	8.50%	Max. of Rs.1,50,000 p.a	Withdrawals & maturity amount are tax-free