WebAnother tax-saving investments option is Sukanya Samriddhi Yojana. It is a small deposit scheme, which is particularly designed for the girl child. The plan is launched as part of … WebJan 21, 2024 · They are a long term investment option with a maturity period that ranges from 10 to 20 years. ... organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India. Efiling Income Tax Returns(ITR) is made easy with Clear platform.
Tax Saving Investments: 6 Best Tax Saving Investment Options for …
Web2 days ago · Unlike other investment options, such as bonds or mutual funds, where the capital gains are subject to tax, the gains deposited into a CGAS account are tax-free. Moreover, the scheme allows individuals to deposit the entire amount of capital gains earned into the account, which can then be used for specific purposes such as purchasing … WebInvestment schemes available in the market provide tax exemptions and tax deductions. Learn how you can reduce your tax burden by investing in the tax saving schemes at the … chef geoff comfort meals
15 Best Tax Saving Schemes in India - elearnmarkets.com
WebApr 11, 2024 · List of Deductions and Exemptions under Old Tax Regime. Investments under Section 80C up to Rs 1.5 lakh (Public Provident Fund, Equity Linked Savings Scheme (ELSS), Employee Provident Fund, Life ... WebJan 4, 2024 · 2. Unit Linked Insurance Plan (ULIP) The ULIP Life Insurance Plan is one of the most important tax saving schemes in India. It ensures that a person’s family is financially secure in the event of death. By purchasing a life insurance policy, the taxpayer can avail of the benefit under the income tax act. WebMar 14, 2024 · 6. TAX SAVING FD: The tax saving FD permits investment to save tax amounts under the 80C section of the Income Tax Act 1961. The period for this tax saving … chef geoff happy hour