8 Best Tax Saving Instruments in India


BENGALURU: Income Tax! – Perhaps the biggest worry you have in your life. The fact behind your worry is you are unaware of the tricks to allocate and declare your investments to save your money from the taxable amount.

If you are among those who seeks find shortcuts to escape from tax imposition, you can try these 8 taxes saving instruments and save your money:

1. Tax Free Bonds: Tax Free Bonds are debt instrument bonds which are exempted from taxation. These are issued by the governmental bodies. These bonds have emerged as highly popular investment option amongst the investors.

When an investor invests in these kinds of assets he gives loan to the issuing entity which will be repaid to him after t he completion of the tenure. However, if an invest sells these bonds before the maturity period, he might get higher or lower amount as compared with t he original investment made.

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