tax saving

NPS 80CCD(1B) Strategy: Max Tax Benefit Without Choosing the Wrong Allocation

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NPS 80CCD(1B) Strategy: Max Tax Benefit Without Choosing the Wrong Allocation

Section 80CCD(1B) allows an additional ₹50,000 tax deduction over and above the ₹1.5 lakh limit under Section 80C. For individuals in the 30% tax slab, this translates into potential tax savings of up to ₹15,600 (₹50,000 × 31.2% including cess). Despite this clear benefit, many investors either ignore NPS completely or choose incorrect asset allocation … Read more

Tax Saving Checklist Before March 31, 2026: Deductions, Proofs, and Last-Minute Mistakes

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Tax Saving Checklist Before March 31, 2026: Deductions, Proofs, and Last-Minute Mistakes

The sharp rise in searches for tax saving before march 31 2026 reflects the urgency among salaried individuals and taxpayers to reduce their taxable income before the financial year ends. March 31 is the final deadline for claiming deductions, submitting investment proofs, and completing tax-saving actions for the current financial year. Missing this window can … Read more