Our Products
Loans
Cards
Insurance
Investment
Stock Market
Electronics Mall
CIBIL Score
Knowledge Centre
Calculators
Our Services
My Account
Do not call
En
While juggling your finances to make ends meet, consider the many advantages of tax investments. Aside from tackling fiscal concerns by freeing up extra revenue, they allow you to invest your money in secure investment schemes.
The higher you rise through the ranks with spikes in your earnings, the more taxable income you likely possess. Unfortunately, this is a bittersweet truth for those who heavily rely on their income to finance everyday living. While paying taxes is our responsibility as Indian citizens, the government recognises the financial hardships of its people.
By creating various provisions for its taxpayers, the government has prevented financial impediments that could potentially affect livelihoods. With different investment schemes adhering to the Income Tax Act of 1961, you can easily avail of benefits like tax exemptions and savings.
Also Read: Tax Planning for the Next Financial Year for the Salaried
Explore a range of government-backed secure and long-term investment schemes for maximum savings and tax benefits.
This timeless favourite of low-risk appetite investors is like any other fixed deposit. However, a Tax Saver FD provides you with the benefits of tax deductions up to ₹ 1.5 lakhs under Section 80C of the Income Tax Act, 1961
Key Features
The Public Provident Fund was introduced in 1968 to encourage the habit of saving and investing among Indian citizens. You can receive considerable returns along with income tax benefits by investing in a PPF.
Key Features
Ensure a regular income for your retirement years, by contributing to an NPS during your active working years. To support your endeavour, the government provides you tax exemptions of ₹ 1.5 lakhs on the contribution paid towards the fund.
Key Features
An ELSS is an open-ended Equity Mutual Fund that primarily invests in equities and equity-related products. Under Section 80C, they qualify for tax rebates of up to ₹ 1.5 lakhs, with a yearly saving of ₹ 46,800 in taxes.
Key Features
These schemes provide Indian senior citizens with retirement benefits by allowing them to invest a lump sum in the scheme. Unlike Tax Saver FDs, it offers you comparatively higher returns. Furthermore, you can claim deductions of up to ₹ 1.5 lakhs under Section80C.
Key Features
Consider applying for any of the above tax investments and receive sizeable rebates or tax exemptions for boosted cash flow. For best results, align these tax investments with your financial goals!
Benefits that reduce taxable income by utilising HRA, LTA, and reimbursements. Additionally, you can further decrease your taxable income with the help of deductions under Section 80C, 80D, and 80E.
Reduce your taxable income by investing under Section 80C and claiming deductions under Sections 80D, 24(b), 10(13A), 80CCD, and 80E.
Avoid tax on salary by claiming deductions under Sections 80C, 80D, 80CCD, and for LTA.
Invest under Section 80C, claim health insurance under Section 80D, deduct home loan interest under Section 24(b), claim HRA, utilize the standard deduction, and claim education loan interest under Section 80E.
165265
Unlock the world of credit! From picking the perfect card to savvy loan management, navigate wisely.
97564
Money Management and Financial Planning covers personal finance basics, setting goals, budgeting...
28573
Explore the investment cosmos! From beginner's guides to sharp-witted strategies, explore India's treasure trove of options.
47188
Navigate the tax maze with ease! Uncover Income Tax 101, demystify jargon with Terms for Beginners, and choose between Old or New Regimes.
18754
Discover essential insights on various types of insurance in India.
4583
Welcome to Tech in Finance, where we explore the exciting intersection of technology and finance...
Academy 
