The only words we seem to hear these days are tax, investment, proof and submission. Now, of course, no one wants to pay extra taxes but making a million calculations to figure out how you can save on your taxes isn’t exactly everyone’s cup of tea. Effectively planning and making investments could get a little confusing. Well, don’t worry, we’re here to help clear the confusion. As an individual tax payer you can save on taxes through different kinds of investments. We’ve listed out these different investments along with the level of risk just to make things easier for you.
If you have an existing Home Loan or a Car Loan, you should be sorted, as your EMIs will take care of your taxes! But what if you don’t have an existing loan product?Don’t panic, you’ve got other options! Just keep reading.