Tax Saving

There is more to tax saving than the exemptions available on investment made by you. With right investments, you will pay the right amount of tax and know how to tax proof your income and gains. After all, your capital is more productive in your hands and it can work wonders for you if invested properly. It starts with tax saving which can increase the take home income. These investments can also cater to a few of your needs. Tax saving is not restricted only to tax savings investments under Section 80C. There are several other components e.g. HRA, Home Loans, LTA, Sec 80D, Re-imbursements, etc to reduce the taxable income.

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:

Investing in 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.

Why Finowlish?
Our tax saving solution is a legal way of reducing your tax liabilities. It will help you to utilize the tax exemptions, deductions, and benefits in the best possible way for minimizing your tax burden.

We update ourselves with latest tax structure announced by Government of India.

we track all our clients’ investment and analyse the performance of Tax Saving product so as to deliver best in the class returns. This helps in efficient performance of funds and Fresh funds can be diverted into more better performing product.

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