How can I save taxes last-minute by making investments?

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How can I save taxes last-minute by making investments?

With only 8 days in my hand I need to know how can I make some investments that will yield me good returns and also help me save taxes. I need to make investment of up to Rs. 1 lac.

Profile photo of ashish Asked By: ashish 1 replies 0 helpful answers Last Updated: 8 months, 1 week ago
  • Profile photo of ashishashish
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    With only 8 days in my hand I need to know how can I make some investments that will yield me good returns and also help me save taxes. I need to make investment of up to Rs. 1 lac.

  • As we are tax consultants. So, we can just let you know the options of investing which can save your taxes. Following are the investments option, you can invest up to 1.50 lac under section 80C:

    • Home Loan Principal Payments.
    • Stamp Duty and Registration Charges
    • Life Insurance.
    • ELSS (mutual fund)
    • Tax Saving FD (5-year Locking period).
    • Sukanya Samriddhi Scheme
    • Education expense.

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