Best tax saving investment options!

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.