One of the most important question which comes to a persons mind is what to do with money in my bank account? Many people with white collared job starts investing money in stock markets(which is a risky affair) and after loosing couple of thousands in stock markets they are again at ground zero with same question haunting them - What to do with money in my bank account?
In this post I would list 10 of the safest options available to people for investing their money for a long term perspective, Investing money for a 5 year plus term would be beneficial wrto tax saving under 80c.
1.Public Provident Fund (PPF): Public provident fund investment are long term investments which are tax free and spread over a term of atleast 15 years. currently money deposited in PPF account gets interest of 8.5 - 9 percent annually. It is probably best of the option available.
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