Tax saving decisions must be implemented in the beginning of the Financial Year itself.
![How To Choose Tax Saving Scheme U/s 80C ?](https://magarticles.magzter.com/articles/2829/300412/5b9609bf6ca09/Tax-Income-Tax-Investment-Saving-Finance-Money.jpg)
However, if you have not done the same so far, it is never too late and you must take action now rather than postponing it till the end of the financial year.
Section 80C is most popular tax saving section in our country for individuals as well as HUF (Hindu Undivided Family). It is known to all that maximum deduction permissible U/s 80C is Rs.1,50,000 for each individual. However, where everyone struggles is when it comes to selecting appropriate combinations of schemes/ investment options eligible for deduction U/s 80C.
There is a long list of eligible investment options like contributions to PPF/ EPF/GPF, various kinds of life insurance plans, ELSS schemes of Mutual funds, National Saving Certificates, repayment of housing loan and Fixed Deposits with bank for minimum period of 5 years to name a few popular options.
Esta historia es de la edición September 2018 de Investors India.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición September 2018 de Investors India.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
![How To Build And Maintain A Long-Term Portfolio](https://reseuro.magzter.com/100x125/articles/2829/1724164/BN6GGhsBk1717664338165/crp_HOW-TO-BUILD-AND-MAINTAIN-A-LONGTERM-PORTFOLIO.jpg)
How To Build And Maintain A Long-Term Portfolio
Building a robust long-term portfolio involves two steps. First, you must decide on your asset allocation-essentially the distribution of your investments across various asset classes such that it aligns with your financial goals and risk tolerance.
![Learn The Magic Of Self-Talk](https://reseuro.magzter.com/100x125/articles/2829/1724164/837qQ3-gP1717665021108/crp_LEARN-THE-MAGIC-OF-SELFTALK.jpg)
Learn The Magic Of Self-Talk
There is perpetual self-talk taking place inside all of us
![Health Cover: How Family Floater health insurance plans work to your advantage?](https://reseuro.magzter.com/100x125/articles/2829/1724164/k-ya2pOgK1717664829393/HEALTH-COVER-HOW-FAMILY-FLOATER-HEALTH-INSURANCE-PLANS-WORK-TO-YOUR-ADVANTAGE.jpg)
Health Cover: How Family Floater health insurance plans work to your advantage?
The right amount of health insurance coverage can help you stay on track with your finances and life goals. In the absence of health insurance, one may be forced to delve into current investments, jeopardising ambitions such as children's education and home ownership.
![Empowering Women: Understanding Inheritance Rights in India](https://reseuro.magzter.com/100x125/articles/2829/1724164/uqyROgWRG1717664669053/EMPOWERING-WOMEN-UNDERSTANDING-INHERITANCE-RIGHTS-IN-INDIA.jpg)
Empowering Women: Understanding Inheritance Rights in India
In the intricate tapestry of India's diverse inheritance landscape, where the threads of religious laws weave a complex pattern, don't entrust your legacy to fate's capricious hand. Instead, wield the brush of certainty by crafting your will.
![Protecting Those Who Matter Most: Understanding the Importance of Life Insurance for Our Loved Ones](https://reseuro.magzter.com/100x125/articles/2829/1724164/oxNFOET-W1717664010191/PROTECTING-THOSE-WHO-MATTER-MOST-UNDERSTANDING-THE-IMPORTANCE-OF-LIFE-INSURANCE-FOR-OUR-LOVED-ONES.jpg)
Protecting Those Who Matter Most: Understanding the Importance of Life Insurance for Our Loved Ones
Mr. Sanjiv Bajaj is the Jt. Chairman & MD, Bajaj Capital, building the platform for the Business leaders of the Financial Services and Advisory sector to exchange their vision, experience, and views on making the right financial decisions.
![Unit-Linked Insurance Plans: How to make use of ULIPS to meet long-term goals?](https://reseuro.magzter.com/100x125/articles/2829/1724164/QJ2v76iQq1717663853088/UNITLINKED-INSURANCE-PLANS-HOW-TO-MAKE-USE-OF-ULIPS-TO-MEET-LONGTERM-GOALS.jpg)
Unit-Linked Insurance Plans: How to make use of ULIPS to meet long-term goals?
Unit-linked insurance plans, or Ulips, are a good option if you wish to combine life insurance with savings for long-term goals in one financial plan.
![Why Should One Consider Investing In A Large Cap Fund?](https://reseuro.magzter.com/100x125/articles/2829/1690070/6B2uKcaaD1714998087013/crp_WHY-SHOULD-ONE-CONSIDER-INVESTING-IN-A-LARGECAP-FUND.jpg)
Why Should One Consider Investing In A Large Cap Fund?
An investor’s ability to create wealth in the longterm is directly linked to how well they create an all-weather investment portfolio.
![Meeting Medical Costs with Health Insurance Plans](https://reseuro.magzter.com/100x125/articles/2829/1690070/vwLS_OIbO1714997827079/MEETING-MEDICAL-COSTS-WITH-HEALTH-INSURANCE-PLANS.jpg)
Meeting Medical Costs with Health Insurance Plans
A medical emergency can occur at any time and to any person.
![Water: The Elixir of Life](https://reseuro.magzter.com/100x125/articles/2829/1690070/d4nizb8JO1714997424042/WATER-THE-ELIXIR-OF-LIFE.jpg)
Water: The Elixir of Life
If there is magic on the Planet Earth, it is contained in water - Loran Eiseley.
![The 100 Crore Wealth Legacy! A Vision](https://reseuro.magzter.com/100x125/articles/2829/1690070/_5NPyZSZr1714997076837/THE-100-CRORE-WEALTH-LEGACY-A-VISION.jpg)
The 100 Crore Wealth Legacy! A Vision
Generating 100 crores from modest investments is feasible with a long-term outlook, though market timing remains elusive.