The tax filing season is closing in on us, and you don’t want to leave everything down to the last minute. There are still a few months left, and if you haven’t already started planning for your taxes – now is a good time to start.
I’m going to start a series on tax saving instruments here, and every week I’ll try to write at least one post on a tax saving topic.
This week, I start off with an infographic I created with the hope of giving an overview on the various tax saving instruments especially 80C instruments in an easy to digest and graphical manner.
I hope this provides a good overview on the various instruments, how much they save and their lock in period.
I was a little wary of including returns because they can vary so much, and it is natural to compare one with the other but that’s not right since the risk profile of the instruments is different.
Please let me know if you see any mistakes, and also if you want to see any other information on this.
Please share it with friends and colleagues if you think this will be beneficial to them, and as usual I look forward to your comments!