It is the beginning of the new financial year and with it comes the time to plan your investments. Although there are many lucrative investments in the financial market, some of them are specifically beneficial not just from the returns point of view but also from the tax point of view.
Every March 31st is a gentle reminder to all the taxpayers in India. This year too, the taxpayers are gearing up with their Income Tax returns. Some of them are definitely looking at avenues to save tax.
With the financial year drawing to an end, many would be scurrying to submit their proofs of tax saving instruments or making tax saving investments. Tax saving should never be seen in isolation.