Most popular tax-saving investments before 31st March 2023

CA Rakesh Ishi | Last updated: 08 March 2023

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With the financial year ending on March 31st, salaried individuals should consider tax-saving investments to reduce their income tax. Section 80C allows deductions of up to Rs. 1.5 lakhs on investments such as Public Provident Fund (PPF), Equity-Linked Saving Schemes (ELSS), National Pension System (NPS), and Tax-Saving Fixed Deposits. Additionally, deductions can be claimed for home loan interest, medical insurance premiums, and education loan interest.

As the financial year draws to a close, its time for salaried individuals to start planning their taxes. One of the most effective ways to save on income tax is by using Section 80C of the Income Tax Act. This section will allow you to claim deduction of up to Rs. 1.5 lakhs on certain investments an

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BEST VALUE

2 YEAR PLAN

3,499

(Excl. of GST ₹629)

1 YEAR PLAN

1,999

(Excl. of GST ₹359)

3 MONTHS PLAN

999

(Excl of GST ₹179)

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About the Author

CA Rakesh Ishi

Working at Private Company

I am a Chartered Accountant currently employed in a company, bringing forth extensive experience in the realms of accounting, finance, and taxation. Leveraging my professional qualifications, I possess profound knowledge of diverse financial and accounting principles, utilizing this expertise to facilitate my company i ... Read more

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