The end of the financial year is the time when individuals scramble to complete their tax-saving investments. Often the main consideration for selecting a particular investment is the tax-saving benefit that comes with it. This can have negative consequences at a later date and is best avoided. Look at an instrument's features in totality — risk, return, tax benefits and liquidity — before deciding to invest in it.
Investing in insurance to meet 80C requirement: One of the most common ways through which individuals meet their Section 80C limit, where the deduction is Rs 150,000, is through payment of
Investing in insurance to meet 80C requirement: One of the most common ways through which individuals meet their Section 80C limit, where the deduction is Rs 150,000, is through payment of