"Tax Saving Instruments"
It takes a lot of efforts to earn a single penny and it’s very painful to see a part of it taken away as tax. To help this out our Indian government has provided some tax saving options which eligible person can always avail.
Most of the investors are aware of the benefits available under section 80C, however, there are many other investment options that need to be taken care of while planning your taxes. There are multiple tax saving instruments available apart from section 80 C as in section 80D and 80CCD of Income Tax Act, 1961. Income tax Planning will not be possible unless and until you are aware of these three sections of the Income-tax Act.
Benefits of tax savings instruments: -
Why you should invest with us: -
We provide solution-oriented instruments based on needs and risks.
Timely guidance to switch if needed.
We allocate a dedicated relationship manager to cater your needs.
We have a single portal to manage all your tax saving and non- tax saving investment.
Who should invest in tax-saving solution?
Now the government has given two options for the tax payers. One option- old tax regime (practiced since long) and now New Tax Regime (introduced with alterations in 2020). Tax payers can choose any one of the two.
Old tax regime : -
|Income Slab||New Tax Regime|
|0 – 3 lakh||Nill|
|3 – 6 lakh||5%|
|6 – 9 lakh||10%|
|9 – 12 lakh||15%|
|12 – 15 lakh||20%|
|Above 15 lakh||30%|