Question

Value of nsc as a young adult to your future career

Answer 1

Answer:

Salient features and benefits of NSC Savings Scheme:

• However, investments of only up to INR 1.5 lakhs attracts tax benefits under Section 80C of the Income Tax Act, 1961. The current rate of interest applicable on NSCs is 7.6% per annum.

Answer 2

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NSCs do not have any maximum limits of purchase. However, investments of only up to INR 1.5 lakhs attracts tax benefits under Section 80C of the Income Tax Act, 1961. The current rate of interest applicable on NSCs is 7.6% per annum.