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Tax Planning

Waiting till the eleventh hour to do your tax planning would lead you merely on a path of "tax saving" rather than tax planning.  Tax planning is as much about contributing your financial goals while reducing tax liability.

We offer various products for tax planning:
  • Tax savings U/S 80-C, investor can get tax benefits of Rs. 100000/- under this section.
  • Following schemes are available under this section for the tax exemption:
  • LIP- Life Insurance Premium
  • ELSS- Equity Linked Savings Scheme
  • ULIP-Unit Linked Insurance Plan
  • PPF- Public Provident Fund
  • NSC- National Saving Certificate
  • Bank Tax FD
  • EMI of Home Loan
  • Tuition Fees
  • Recommended Schemes U/S 80-C
NAMES OF SCHEMES RETURNS (07/05/2014)
  5 YEARS SINCE INCEPTION
AXIS LONG TERM EQUITY FUND G -- 16.35
DSPBR TAX SAVER 18.26 11.26
IDFC TAX SAVER 16.82 9.08
HDFC TAX SAVER 19.37 20.32
ICICI PRU TAX PLAN 22.49 22.12
FRANKLINE INDIA TAX SHIELD 18.68 24.67
  • U/S 80-CCF Rajiv Gandhi Equity Scheme (RGES)
  • Only for first time investor in equity
  • Gross income should be less than Rs. 12 Lakhs
  • Maximum investments Rs. 50000/-
  • Tax rebate 50%
  • U/S 80 D- Health Insurance Premium (Mediclaim) Rs.15000/-

Current tax rate:

  INDIVIDUALS SC ? 60 SC ? 80
UPTO 200000 NIL 2.50 NIL 5.00 NIL
2.00 – 5.00 L 10 % 2.50 – 5.00/10 % NIL
5.00 – 10.00 L 20 % 20 % 20 %
10.00 L + 30 % 30 % 30 %