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March 25, 2021

LAST DATE TO AVAIL TAX DEDUCTION IS 31ST MARCH 2021 FOR FINANCIAL YEAR 2020-21.

LAST DATE TO AVAIL TAX DEDUCTION IS 31ST MARCH 2021 FOR FINANCIAL YEAR 2020-21.

ACT FAST TO AVAIL FOLLOWING DEDUCTIONS…

➡️ Invest in Mutual fund Equity Linked Savings Scheme (ELSS) for attractive returns along with obtaining deduction under Income Tax up to Rs.1.50 lakhs (80C).

➡️ Insure yourself and your family (spouse and children) through a Life Insurance Policy to obtain deduction of the premium paid up to Rs.1.50 lakhs (80C).

Attractive insurance policies available for tax deduction:

◾ Insurance Policy with assured tax-free returns in the range of 5- 6% along with free insurance for long periods of up to 50 years.

◾ Insurance Policy with single premium payment and an assured tax free return in the range of 5.54% to 5.70% comparable with a fixed deposit.

➡️ Insure with a Health insurance policy for yourself and your family (parents, spouse and dependent children) obtain deduction of the premium paid up to Rs.25000 or Rs.50000 in case of senior citizens (80D).

➡️ Invest in the National Pension Scheme to obtain additional deduction of Rs.50000 (80CCD).

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