The two key tax saving instruments for an individual are ELSS & NPS
Tax Planning is a holistic term for tax saving or tax management. In line with KARVY's ambition of emerging as a personal finance advisor, we help you optimize your tax savings and thereby provide assistance with respect to personal income tax planning. With an array of products such as ELSS Mutual Funds and NPS, we help you minimize your final tax burden.
With Tax season on and everyone looking at various investments which can save tax, this note highlights few investment avenues which help an individual save tax. One can claim deductions up to Rs. 1.5 Lakh by investing in 80C. Two key tax saving instruments for an individual are ELSS & NPS.
Investment in ELSS Funds can help you save tax up to Rs. 46,350. Budget 2015 has announced an exclusive tax benefit of Rs. 50,000 in NPS, which would help you save tax up to Rs. 15,450 in the current financial year. We help you make the best of all available tax deductions and exemptions.
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