Best Tax-Saving Investment Options in India Compared with Crypto
Introduction Every year, as the financial year nears its end, Indian taxpayers start searching for ways to save taxes while also securing their financial future. Traditional tax-saving instruments like Public Provident Fund (PPF), National Pension System (NPS), Employee Provident Fund (EPF), Fixed Deposits (FDs), Life Insurance, and Equity-Linked Savings Schemes (ELSS) have been the go-to options for decades. These investments not only reduce the taxable income under Section 80C and other provisions of the Income Tax Act but also offer a disciplined approach to long-term wealth creation. But times are changing. With the rise of cryptocurrencies and blockchain technology , many Indian investors are now wondering: “Can I use crypto to save tax or grow wealth like I do with PPF or ELSS?” This blog will provide a detailed, step-by-step, deep dive into the best tax-saving options in India and compare them with cryptocurrency as an alternative investment class . We will cover how e...