Question

Why the NSC is important?

Answer 1

Answer:

It is the safest investment option. ... The NSC is a one time investment . Investment made in NSC are eligible for deduction under section 80c of the Income Tax Act. Thus investors can enjoy tax benefits on their investment in NSC

Explanation:

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Answer 2

Importance of NSC:

• The National Senior Certificate let the learners access to numerous of post-school opportunities depending on their scoreboard in Grade 12.

• The opportunities would include entry-level employment, admission to internships, and admission to colleges, universities and other higher education institutional studies.

• It is one of the safest investment plan.

• It involves an one-time investment option.

• Investment made in NSC would include a deduction under section 80c of the Income Tax Act.

• Therefore, the investors get a tax benefits to enjoy on their investment in NSC.

Learn more about it:

4 reason why it's important to obtain your nsc

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How does NSC contribute to your quality of life.Discuss this statement through two good formulated explanations

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