Are you looking at some simple tax saving instruments? If so, small saving schemes are an attractive option. Moreover considering the returns it is not a bad investment vehicle either, if you are not too particular about the lack of liquidity of such schemes.

These small saving schemes have been time-honored tax saving vehicles, designed to provide safe and attractive investment options to the public, at the same time to mobilize resources for development. Small Savings constitute a major resource to execute welfare activities of the Government.