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Tax Saving

The Indian government offers the different opportunities to save on taxes with the intention of incuring money saving habits among the citizens of India. Every taxpayer wishes to reduce their tax burden and save money for their future. It is rightly said- money saved is money earned. Your capital is more productive in your hands and it can work wonders for you if invested properly.

Best tax saving investments:

You can reduce your payable tax by arranging your investments within the various benefits offered under the Income Tax Act, 1961. Amongst these, the following are the most popular options.

Mutual Funds:

Save up to Rs. 45,000 in tax through investments under Section 80C – Most of us consider this as just a tax saving technique, but investing through some of the best ELSS funds can help you save tax and create wealth at the same time!

NPS:

Save up to Rs. 15,000 in tax through investments in NPS – Invest Rs. 50,000 annually to save tax over and above Section 80C.

Health Insurance:

Save up to Rs. 7,500 in tax through Health Insurance – Annual Premium paid towards your own Health Insurance is eligible for tax benefit under Section 80D. You get further benefit if you pay the premium for your senior citizen parents also.

There are several other components e.g. Life Insurance, Home Loans, LTA, Re-imbursements, etc. to reduce the taxable income.

Why ShareBrother?

  • Our tax saving solutions are a legal way of reducing your tax liabilities. It helps you to utilize the tax exemptions, deductions, and benefits in the best possible way.
  • We update ourselves with latest tax structure announced by Government of India.
  • We track all our clients’ investment and analyze the performance of Tax Saving product so as to deliver best in class returns.
For more details or to start your tax saving journey, please feel free to
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