Save your taxes with the plenty of investment opportunities!

Refer the table for different Tax-saving investment options available
Sub Category		Terms of Investments		Tax Exemption Details
		Min Term	Min-Max Investment	Section	Max Tax Rebate	Exemptions From proceeds	Limitations
Life Insurance
Term Insurance Plan		5 Years	No upper Limit	*80CCC	Rs. 100000	NA
Endowment Plan		5 Years	No upper Limit	*80CCC	Rs. 100000	# # Exempted
ULIP		5 Years	15000-200000	*80CCC	Rs. 100000	# Exempted
Pension Plan		5 Years	No upper Limit	*80CCC	Rs. 100000	# Not Exempted
Retirement Plan		5 Years	No upper Limit	*80CCC	Rs. 100000	# Not Exempted
Health Insurance
Age <65		1 Years		**80 D	Rs. 15000
Age >65		1 Years		**80 D	Rs. 20000
Others
PPF		5 Years	500-70000	*80 C	Rs. 70000	# Exempted
ELSS - Mutual Funds (annual)		15 Years	5000-Unlimited	*80 C	Rs. 100000	Not Exempted
National Saving Certificate		6 Years	100-Unlimited	*80 C	Rs. 100000	Not Exempted
Senior Citizen Saving Scheme		6 Years	1000-1500000	*80 C	Rs. 100000	Not Exempted
Post Office Time Deposit Account		1, 2, 3, 4, 5, Years	200-Unlimited	*80 C	Rs. 100000	Not Exempted
Fixed Deposit - 5 Yrs		More Than 5 Years	100-Unlimited	*80 C	Rs. 100000	Not Exempted
* The aggregate amount of deduction under all the relevant sections viz. section 80C, section 80CCC and section 80CCD shall not, exceed Rs 1 Lakh ** Tax exemption under sec 80D is over and above amount under section 80 C *** However in cases the premium paid in excess of 20% of the capital sum assured within a year, benefits paid excess of premiums will be taxable and insurance sum assured will be taxable ## Under Section 10(10D) of the Income Tax Act, any sum received, other than the sum received under Keyman Insurance Policy, including bonus is exempt from tax. ### The TDS limit is Rs 10,000 in case of interest payment on fixed deposits by a bank # Amounts received on surrender (whole/part) of annuity plan, amounts received as Pension is taxed as income. Disclaimer -  "Above is a broad understanding of the Income Tax Provisions and therefore is not specific advise in regard to your Personal tax and investment matters. Kindly contact your tax consultant for exact calculation of your tax liabilities".