7 ways to save taxes
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Table of Contents
- Living in a rented house? Use that to your advantage.
- Repaying a home loan? Get a deduction on the interest.
- Insurance premiums can also help you save tax.
- Make use of the other benefits under section 80C.
- Keep some money in your savings account.
- Don't forget the standard deduction.
- Check if the new tax regime is more beneficial to you.
- TAX SAVING PLANS: TOP TAX SAVING PLANS IN INDIA THAT HELPS TO SAVE YOUR TAX BURDEN
- GET CASH-IN-HAND WHILE PAYING YOUR PREMIUMS - AND USE THOSE PREMIUMS TO SAVE TAXES TOO!
Living in a rented house? Use that to your advantage.
Repaying a home loan? Get a deduction on the interest.
Insurance premiums can also help you save tax.
Make use of the other benefits under section 80C.
Keep some money in your savings account.
Don't forget the standard deduction.
Check if the new tax regime is more beneficial to you.
TAX SAVING PLANS: TOP TAX SAVING PLANS IN INDIA THAT HELPS TO SAVE YOUR TAX BURDEN
GET CASH-IN-HAND WHILE PAYING YOUR PREMIUMS - AND USE THOSE PREMIUMS TO SAVE TAXES TOO!
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for Salaried Individuals¹
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Disclaimer
* Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details.
ABSLI Salaried Term Plan (UIN:109N141V01) is a non-linked non-participating individual pure risk premium life insurance plan; upon Policyholder’s selection of Plan Option 2 (Life Cover with ROP) this product shall be a non-linked non-participating individual savings life insurance plan.
1LI Age 21, Male, Non Smoker, Option 1: Life Cover, PPT: Regular Pay, SA: ₹ 1 Cr., PT: 10 years, Premium paying term: 10 years, Annual Premium: ₹ 5900/- ( which is ₹ 491.66/month) Premium exclusive of GST. On death, 1 Cr SA is paid and the policy terminates.
ABSLI Vision Life Income Plus Plan (UIN: 109N131V01)is a non-linked participating individual life insurance savings plan.
ADV/9/23-24/2045
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