Your ideal tax-saving plan

We are encountering the most action-packed week for tax-saving investments. And while there are plenty of options to choose from, most investors do not have the time or the inclination to evaluate them thoughtfully. For many investors, saving tax itself is the main objective and the eligibility for tax deduction under Section 80C is the sole feature that gets their nod in the last-minute rush. Clearly, that's not the right way to invest. Investments made to save taxes have big implications for the personal finances of a majority of investors, given that one puts Rs 1.5 lakh at stake each year. This would become bigger if and when the tax-saving limit is enhanced. If you are unable to find your way through the maze of tax-saving alternatives, this story is for you. We present a

This article was originally published on March 15, 2022.