Day 11 - Tax Saving investment

Hi,

Today I was giving tax saving investment proof to my company against the tax declaration. I realised that we should invest all the tax saving before September month of the year. Systematic Investment Plan ( SIP) are exceptions in this case. You will have 6 months in your hand to invest for tax saving

 The advantages are as follow

  1. Plan in 6 months all the tax saving investment.
  2. By September you have all the investment proof to declare to your company. Some companies ask the proof by December
  3. Last 3 months i.e. Jan - Mar you will have more cash on hand  

Cheers!


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