14
Sep
Post office savings schemes in India are backed by the government, with over 1.54 lakh branches nationwide. These schemes typically provide investors with a sense of security, mainly because they trust that their money is safe due to the government's backing. You can invest in post office schemes for various purposes, such as retirement or future needs. These schemes also provide tax benefits under Section 80C of the Income Tax Act. In this article, we will explore the savings schemes that offer tax advantages. Post Office Savings Account: This account operates much like a basic bank account. You can deposit…