Do you need to wait upto Dec for investing in tax saving schemes ?

Do you need to wait upto Dec for investing in income tax saving schemes ? One of the problems I used to face along was, worrying about the investments to be done for income tax savings during Jan to Mar. Once we get into Dec, I used to fear about the huge amount to be accumulated to invest for tax savings. I was only wondering how can I accumulative such big money in a month or two during Dec/Jan. I […]

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Best Investment Options – Tax saving Schemes in India for 2012

Overview There are various tax saving schemes in India where a individual tax payer can invest and get benefit in income tax.  Currently for FY 2012-13, below are the income tax slabs. Taxable amount (INR) Tax 0 to 2,00,000 Zero tax 2,00,001 to 5,00,000 10% tax 5,00,001 to 10,00,000 20% tax 10,00,000 + 30% tax However we see that an individual tax payer is in hurry to invest the money in one of the tax saving schemes and forget / […]

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