Tax Planning

Tax Planning can be understood as the activity undertaken by the assesse to reduce the tax liability by making optimum use of all permissible allowances, deductions, concessions, exemptions, rebates, exclusions and so forth, available under the statute.

Think Beyond Section 80 (C)

An investor can save on taxes by investing under the following section of the Income Tax Act, 1961

Section	Quick Description of Deduction
80C*	Key investment instruments eligible for deduction under this Section include – Equity Linked Savings Scheme (ELSS) , Public Provident Fund (PPF), EPF (Employee Provident Fund), NSC (National Saving Certificate), Senior Citizen Savings Scheme (SCSS), 5-year tax saving bank fixed deposits, 5-year Post Office Time Deposit (POTD), premium paid for life insurance plans, housing loan principal repayment, etc.
80CCC*	Contribution to Pension Fund of Life Insurance Corporation or any other insurer referred in section 10(23AAB).
80CCD*	Contribution to Pension Scheme (National Pension Scheme) notified by Central Government. Additional deduction of up to Rs.50,000 is allowed for contribution towards NPS which is over and above the limit of Rs 1.5 lakh under section 80 CCD(1B).
80CCG	Rajiv Gandhi Equity Savings Scheme (RGESS)
80D	Premium paid for medical insurance
80DD	Maintenance including medical treatment of a handicapped dependent who is a person with disability
80DDB	Expenditure incurred in respect of medical treatment
80E	Interest on loan taken for pursuing higher education
80G	Donations to certain funds and charitable institutions
80GG	Rent paid in respect of property occupied for residential use
80GGA	Certain donations for scientific research or rural development
80GGC	Contribution made to any political parties or electoral trust
80TTA	Deduction in respect of interest earned on savings bank deposits
80U	Person suffering from specified disability.
10(10D)	Section 10(10D) of Income Tax exempts any income received from an Insurance Policy from Income Tax. This benefits policies such as Endowment Plans, Whole-life Plans and Unit Linked Plans, all of whose returns and bonuses become tax-free.

Mutual Funds

SIP Investment

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Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.

AMFI Registered Mutual Fund Distributor | ARN- 159693 | Date of initial Registration: 05-Feb-2019 | Current validity: 04-Feb-2025

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