Salaried employee find difficulty in deciding the best investment options, here is the list of good investment option for a salaried employee
- NPS – National Pension Scheme – This investment provides an option to select the equity funded returns along with long term savings for retirement, one if can afford should invest Minimum Rs. 1000 monthly, which leads to Rs. 12,000 Annually. You will get an income tax rebate of Rs. 3,840. Their are downside of it that returns are not tax free, which means that you need to pay the tax once u withdraw the amount, but good side is that at the time of withdraw you will have minimum salary or no salary at all hence this will not come in tax bracket.
- Sukanya Samriddhi Yojana – You should invest in this account if you have daughters as this gives the maximum rate of interest and matured money is tax free