WebJan 16, 2024 · 2) Tax-Savings Fixed Deposits & Recurring Deposits. One of the most secure methods of tax savings is Fixed Deposits along with Recurring Deposits, which is why it is the most recommended Tax-Saving investment option for senior citizens and is the best investment plan for senior citizens. Additionally, banks give pensioners an FD and RD … WebBest Investment Plans. Guaranteed Tax Savings. Under sec 80C & 10 (10D) ₹ 2 Crore. Invest 18k Per Month*. Zero LTCG Tax. Unlike 10% in Mutual Funds. *All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply.
Government savings schemes in India for safe and secure …
WebApr 9, 2024 · Updated: 09 Apr 2024, 08:11 PM IST Vipul Das. Tax savers should allocate their investments more wisely now that the new fiscal year, FY24, has already started in order … WebDec 10, 2024 · PPF is one of the most preferred long-term tax-saving investments available today, offering tax benefits under Section 80C of the Income Tax Act. You can invest a maximum of Rs 1.5 lakh in this ... cristina von spanien news
Tax Saver ELSS Mutual Funds: A Complete Guide to Investing and Saving Taxes
WebSep 12, 2024 · Becoming a Crorepati by Saving Tax with PPF. You can make Public Provident Fund (PPF) scheme contributions of up to Rs. 1.5 lakh annually to claim tax benefits. Based on an annual contribution of Rs. 1.5 lakh, estimated returns of PPF at 7%, and a contribution period of 35 years, the projected PPF corpus is as follows: WebPPF is not just a savings vehicle but also a tax-saving investment option. The deposits you make in a PPF account are eligible for a deduction of up to INR 1.5 lakh under Section 80C. You can also claim the same tax benefit of INR 1.5 lakh under Section 80C through your Employee Provident Fund (EPF) contribution. WebApr 11, 2024 · Post Office Tax Saving Scheme. Under the post office tax saving scheme, we have the Post Office Time Deposit (TD) which is just like a fixed deposit. It is an … cristina volpe rinonapoli