Dear Comrades,
| Following Postal Deposits come under Section 80C of the Income Tax Act-1961 | ||||||||
| S.No. | Plain Type | Interest | Min.Investment | Max. Investment | Future | |||
| 1 | NSC-5 Years | 8.25 | 100 | No limit | NO TDS | |||
| 2 | NSC-10 Years | 8.70 | 100 | No limit | NO TDS | |||
| 3 | Time Deposit | 7.70-8.30 | 200 | No limit | Available 1to 5 years | |||
| 4 | Senior Citizen Saving Scheme | 9 | 1000 | 1500000 | 5 years tenure , | |||
| Minimum age 55 | ||||||||
| 5 | Public Provident Fund | 8.6 | 500 | 1 Lakh Per Year | 15 Years term, | |||
| Tax Free returns | ||||||||
| http://www.caclubindia.com/forum /postal-deposits-192758.asp | ||||||||
