Top 5 Tax Free Investment Plans in India

1. Life Insurance

– Maximum      Annual Investment: Rs. 1,50,000 (Rs. 1.5 lakhs) – Tax      Benefits: Under Section 80C and Section 10(D)

2. PPF (Public Provident Fund)

– Maximum      Annual Investment: Rs. 1,50,000 (Rs. 1.5 lakhs) – Tax      Benefits: Under Section 80C and Section 10(D)

3. NPS (New Pension Scheme)

– Maximum      Annual Investment: Rs. 1,50,000 (Rs. 1.5 lakhs) – Tax      Benefits: Under Section 80CCD

4. Pension

– Maximum      Annual Investment: Rs. 1,50,000 (Rs. 1.5 lakhs) – Tax      Benefits: Under Section 80CCC

5. SCSS (Senior Citizens Saving Schemes)

– Maximum      Investment: – Single       Holding: Rs. 9 Lakhs – Joint       Holding: Rs. 15 Lakhs – Tax      Benefits: Under Section 80C