Tax Saving Investment
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Protection for your family along with Tax Savings!
To the survival of the state, Taxes are one of the essential instruments. A person who has income above the prescribed basic exemption limit is liable to file an Income tax return for the fiscal year, regardless of the tax liability. You have various options to reduce your Income-tax liability. These are called ‘Tax Saving Instruments.’
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Tips for Better Tax-Saving Plan
Tax saving is a benefit you can avail of for selective investment options and expenses. You need to invest money to achieve your financial goals. The following are tips that help you plan your taxes better.
- Know your taxable income
- Restructure your salary
- Claim tax deduction on the interest paid towards your home loan
- Make investments
- Make claims under house rent allowance
- Make investments in insurance products
- Donate to charity

Tax Saving Investment Quote
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Which investments are tax-free?
Some of the top free investment is the Public Provident Fund, Senior citizens Saving Plan, National Pension Plan, Employee Provident Fund.
Where should i invest to save Tax?
To save Tax you should invest in: Public Provident Fund, Fixed Deposit, National Saving Certificate, Unit Linked Investment Plan, Equity Linked Saving Schemes, Life Insurance, Senior Citizens Saving Scheme.
How many tax-free investments can one have?
There is no limit of tax-free investment can one have.
How will I able to pay less tax on higher income?
You can invest in a Tax-saving plan to save your Tax.
How much should I save taxes?
You can claim a tax deduction up to Rs.1 lack 50 thousand towards the premium as you pay under section 80C of the IT Act, 1961.
What investments come under Section 80C of the IT Act?
Investments come under Section 80C of the IT Act:
Public Provident Fund, Fixed Deposit, National Saving Certificate, Unit Linked Investment Plan, Equity Linked Saving Schemes, Life Insurance, Senior Citizens Saving Scheme.
How can I reduce my tax Legally?
You can reduce your tax legally by investing in Government approved Tax-free investments.
What is the maximum limit of investment under Section 80C?
The maximum limit of investment under Section 80C is Rs.1,50,000.
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