Web Event: Do You Really Need To Make That Tax Saving Investment?
Date: 10-03-2017 Views: 1138
Before you jump to make the tax saving investment, figure out whether you need to make the tax saving investment at all. This is because items like provident fund deduction and home loan principal payment may well be accounting for most of the entitlement for tax deduction or tax benefit you are eligible for under Section 80C. You can then choose from a wider choice of investments without tax savings. They will not have limitations like long tenures, lock-in periods among others. So, before you make tax saving investments, ask yourself whether you need to make the investment at all.
