Don't wait till March 31 to finish your tax saving exercise: Here's why

THE ECONOMIC TIMES Sat, Mar 23, 2019 | 11:52 AM IST Tax-saving guide

6 online tax-saving investments for late-starters The equity-linked savings scheme (ELSS) is a product where you can make online investments up till 3PM on the day when stock market is open. Invest in these schemes now to keep your accounts active Here is a look at the minimum amount you need to invest in some schemes to keep them active and what happens if it is not done. Don't wait till March 31 to invest for tax saving If there are glitches, your investment may happen on a date post-March 31. Consequently, you won't be able to claim tax benefit in the current fiscal. Go online to make tax saving investments Investing in a tax saving instrument through cheque especially during the last few days of the financial year, may get held up due to various reasons. How much tax can you save? Read on to find out The amount of tax you can save via tax-saving investments and expenditures depends on the tax bracket you fall in after claiming all the deductions you are eligible for. 6 fixed income investments to help you save tax under 80C Long-term debt investments should form a part of every investor's portfolio to maintain stability, especially during economic volatility. Things to consider while picking an ELSS scheme Look at the portfolios of the ELSS schemes and ensure that the ones you have selected have varied allocation to different sectors and stocks. Should you invest in NSC or 5-year bank FD? NSC and tax-saving FDs have certain common features. However, there are certain differences between the two which, give an advantage to NSCs over tax-saving FDs. Know the rules and benefits of investing in PPF With interest rates fixed income investments coming down, PPF remains a suitable alternative for allocating debt portion of one's portfolio. 7 lesser-known investments, expenditures eligible for tax breaks Did you know you that can claim tax deduction on stamp duty? Here are other tricks that can help you cut tax.

More Newsletters

Daily Newsletter Special stories that round up the major developments of the day

ET Mutual Fund A weekly round-up of the top news and views from the mutual fund industry

ET Investment Opportunities Property, Stocks, IPOs, NFOs, Mutual Funds and latest investment options in your inbox

Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more

FOLLOW US ON ET

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2019 Times Internet Limited.

To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here

To unsubscribe or edit your subscriptions please click here