Every taxpayer wants to save tax as income tax for their income. There are many ways to save tax according to income tax act 1961. The most common way to save under section 80C up to 1.5 lac per annum, like Employee’s share of PF contribution, NSCs, Life Insurance Premium payment, Children’s Tuition Fee, Principal Repayment of home loan, Investment in Sukanya Samridhi Account, ULIPS, ELSS, Sum paid to purchase deferred annuity, Five year deposit scheme, Senior Citizens savings scheme, Subscription to notified securities/notified deposits scheme, Contribution to notified Pension…
Read MoreInvest in ELSS to save tax under Section 80C
