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As your salary grows the avenues of saving income tax shrinks. However, car lease finance is an option that works better with higher salary as it gives you an opportunity to own a car and save a substantial amount of income tax. We tell you how this tax saving option works and what all you need to check before going for this option.
According to the fund houses, all other terms and conditions of the SID/KIM of these schemes remain unchanged. The notice-cum-addendum by the fund houses forms an integral part of the SID and KIM of the above-mentioned schemes, as amended from time to time.
Uncover the top tax-saving investment options for 2023 and make informed financial decisions to maximize your savings and secure your future.
The ELSS or tax saving schemes are benchmarked against NIFTY 500 - TRI, S&P BSE 100 - TRI, and S&P BSE 500 - TRI. These benchmarks gave 12.86%, 10.70%, and 12.66% respectively in 2023 so far.
Do this to reduce your tax outgo by Rs 86,000!