3 Replies to “I plan to invest in NSC & wish to know if the entire amount or only a part of it will be exempted under 80C?”

  1. Yeah ..you can invest and get exempt upto 1 lakh for one year. for example if you have invested 30,000 u will get exempt for 30,000. in that particular year. And you can get exempt upto 1 lakh,

  2. Do not invest in NSC. Interest is fully taxable.You can invest any amount. Total exemption under 80C is only 1 lakh. This includes your compulsory PF deducted in your office and any Life Insurance premium paid in the financial year.

    Instead contribute to voluntary PF in your office. OR invest in PPF ( SBI , nearest branch) OR invest in ELSS in Mutual Funds.

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