SOME LAST MINUTE WAYS TO SAVE TAX

Now taxpayers are in a hurry to make tax saving investments before 31March,2015, here are few ways through which you can save tax even at last minute:

INVEST IN TAX SAVER DEPOSITS: You can invest in tax saver FD (Fixed Deposits). It is the simplest and most popular way of saving tax. Most of the banks now allow customers to open a tax-saver FD online, but don’t allow online facility for other FDs. You can get its exemption upto Rs1.5lakhs under Section 80C. Interest earned under tax-saver FD is taxable.

BUY HEALTH INSURANCE ONLINE: Many companies facilitate purchase of health insurance policies […] Read more