This last-minute rush is a half-hearted approach not just towards investment, but also towards tax saving
You first need to calculate your tax liability and check, what deductions you’re eligible for how much you’ve exhausted
The deadline for linking your PAN card with Aadhaar, which was earlier June 30, 2020, has been revised to March 31, 2021.
Tax deductions available against contributions made towards National Pension Scheme (NPS) or the Atal Pension Yojana (APY) fall under Section 80CCD
Effectively, individuals can maximise tax benefit under section 80D to a total of Rs 75,000
You can claim tax deduction on investments up to Rs 1.5 lakh in avenues specified under section 80C of the Income Tax Act
Last-minute tax-planning leads to hurried, poorly thought decisions which could prove costly later
All private and public sector banks offer this facility