General Awareness: Tax Saving Pf Fd And Insurance Tax Relief?
Are you paying tax on FD and insurance currently?? Then you need to learn about tax saving schemes which are available to you. As per section 80C, all your investments under FD and insurance are exempted from tax deductions.
In this article you
will get the complete info about different kinds of tax saving schemes for pf
fd and insurance. Here we will discuss about all options available to you which
are having some pros and cons. Let’s start.
Rajkotupdates.news : Tax saving
pf fd and insurance tax relief
Tax Saving PF FD and
Insurance Tax Relief:
July 31 is the last
date of Income Tax Return (ITR) filing and so every earning person should focus on tax
saving while filing returns.
While considering the
earning persons, first person is the salary person who can do monthly
investments for his retirement and children future planning. So how to save tax
on his investments here we can find out some tax saving options.
Rajkotupdates.News
: Tax Saving Pf Fd And Insurance Tax Relief?
Tax exemptions on different
schemes which is under 80C.
- Tax Exemption on National Pension Scheme (NPS)
- Tax Exemption on Fixed Deposits (FD)
- Tax Exemption on Life Insurance Premiums (LIC)
- Tax Exemption on ELSS Funds
- Tax Exemption on Employee Provident fund (EPF)
- Tax Exemption on Public Provident Fund (PPF)