Comparison Of ELSS With Various Other Options U/S 80C
Let us now take a brief look at a comparison of the investment options approved under section 80C.
Please note that the instruments which have a fixed rate of interest may vary when you are reading this module as the rates are changed by the government on a yearly or a quarterly basis.
As you can see, the Equity Linked Saving Schemes (ELSS) have traditionally given the highest returns among all the tax saving instruments that are included in section 80C. No wonder that these are very popular among the taxpayers. Every year crores of rupees are invested in ELSS by them, especially during the tax saving seasons of December to March.