Save upto Rs. 45,000 in tax per year by investing into Tax Saver Mutual Funds
Tax Saver funds are ideal for saving tax because:
- They give much higher returns when compared to PPF, Insurance etc.
- They have the shortest lock-in period (Just 3 years)
- The returns are also tax free
See how much tax you can save:
|Annual Income||Tax Saved|
|Upto 5 Lakh||Rs. 7,500|
|5 Lakh- 10 Lakh||Rs. 30,000|
|Above 10 Lakh||Rs. 45,000|
The amount shows estimated tax saved under section 80C by investing Rs. 1,50,000 into Tax Saver schemes.
*It is assumed that the fund gives 17% return annually. Actual returns can be higher or lower.