Your tax-saving investments must be in sync with your larger financial plan

Keep in mind your asset allocation, risk appetite and investment horizon when selecting your tax-saving plans

If you're a company employee, your accounts department will, most likely in the first or second week of February, ask for proof of tax-saving investments made during the financial year. Ideally, you should have begun investing to save tax right from April of this financial year. But if you haven't, it is still not too late. But you must give a lot of thought, or take the help of a financial advisor, when choosing your tax-saving instruments. Insurance agents and bank relationship managers go all out to garner sales during these three months. The products they push are likely to