Government Scheme 2022: If you are looking for an option to invest in the new year, then today we will tell you about government schemes, in which you can get tax exemption with good savings by investing money. So to save money in the year 2022, you can invest in many options-
This list includes many options including PPF, NPS, Sukanya Samriddhi Yojana, Senior Citizen Saving Scheme, Tax Saving FD, Equity Linked Saving Scheme and Life Insurance.
Public Provident Fund (PPF) – You can invest up to 1.5 lakhs annually in this government scheme. In this you get the benefit of tax exemption. At present, the central government is giving the benefit of interest on PPF at the rate of 7.10 percent. Apart from this, tax exemption is also available under 80C.
National Pension System (NPS) – This is a type of government retirement savings scheme. In this, you get the benefit of tax exemption under 80C. In this you can start from 1000 rupees a month. In this scheme, any person from 18 years to 65 years can open an account.
Sukanya Samriddhi Yojana (SSY) – This scheme is for special daughters. In this, you can deposit 1.5 lakh rupees annually. On this scheme, the government is giving the benefit of interest at the rate of 7.6 percent. This account can be opened in the name of a girl child below the age of 10 years.
Senior Citizen Saving Scheme (SCSS)- This savings account can be opened in a bank or post office. Income tax exemption can be taken under 80C on the amount deposited in this account. The maximum one can invest in this is Rs 1.5 lakh annually. In this, the government is currently offering 7.4 percent annual interest.
Equity Linked Savings Scheme (ELSS) – Apart from this, you can also take advantage of ELSS. This is a type of mutual fund in which tax exemption of up to Rs 1.5 lakh is available under 80C. Apart from this, its lock-in period is 3 years.
