Hello Community Members,
Tax-saving is an important part of financial planning. An intelligent tax-planning strategy can serve the dual objective of helping individuals meet their financial goals and save tax in the process.
Here is a list of some of the best tax saving investment options and plans for 2024 that can help individuals maximize tax benefits:
| Sr No. | Tax Saving Investment Options | Tax Benefit Under Section |
|---|---|---|
| 1 | Life Insurance | Section 80C (Premium) Section 10(D) (Death / Maturity) |
| 2 | Pension Plans | Section 80CCC(sub-section under Section 80C) |
| 3 | Health insurance or Mediclaim | Section 80D |
| 4 | NPS | Section 80CCD |
| 5 | Tax-saving mutual funds | Section 80C Section 10(D) (Death/Maturity) |
Community Manager.