Tax Exemptions  

Explore six categories of income exempt from taxation in India.
 

Government investment schemes offer tax exemptions and attractive returns. If you want to avoid risks associated with the stock market, these schemes are ideal investment options for you.

Post Office Senior Citizen Saving Scheme gives you the opportunity to find financial independence in your old age without having to depend on others for support. The scheme offers an interest rate of 8.2 percent for 5 years.

For senior-citizens, investing in fixed deposits is a good option for saving money. These schemes offer the elderly people with attractive returns on fixed deposits while also benefiting from tax exemptions.

A ULIP is a type of life insurance that also functions as an investing strategy for the long term. A Unit Linked Insurance Plan also distributes an expanded corpus with market- linked returns upon maturity in addition to the death benefit.