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Dear Customer,
It’s that time of the year when you need to plan your taxes. However, you could maximise your income by investing smartly. This not only gives you the opportunity to save on taxes but also helps your money grow.
In this context we present you with 5 tax saving options in which you can save upto
 46,350 annually , assuming that you are in the 30% tax bracket , as illustrated by the table below.
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| Investment options |
Tax benefit under |
Investment amount |
Tax amount saved |
| Health Insurance |
80 D |
30,000 |
20,000 |
| Life Insurance |
80 C |
50,000 |
15,450 |
| MF (ELSS) |
80 C |
25,000 |
7,725 |
| Tax Saver FD |
80 C |
25,000 |
7,725 |
| Infrastructure Bonds |
80 CCF |
20,000 |
6,180 |
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Tax benefit of  46,350 is calculated on investment of  1,50,000 at the highest tax tax slab rate of 30.90% under Income Tax Act 1961. Tax benefits are subjected to conditions of Sec 80 D, 80 C and 80 CCF of the Income Tax Act 1961 and are subject to amendment from time to time.
Make the best use of the 5 tax saving options.
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