EP 2 | Finance Ke Funde | How to cut your Tax Bill? | Tax Saving Tips 2023 | Jagran Business
Saumya JaiswarPublish Date: 15 May, 2023
No matter how far away it seems, it's never too early to start planning for tax season. Before you know it, tax season will be here, and by then it will be too late to take many of the actions that can reduce your tax liability and keep more of your money in your pocket.So rather than putting off filing your taxes, do it now. This is the ideal time to think about making these eight changes so that filing your taxes will be less difficult in the future.
How to Save Tax?
- Claim back some money on charitable donations
- PPF (Public Provident Fund)
- NSC (National Saving Certificate)
- Life Insurance Premiums
- Pay Health Insurance Premiums
- Get a deduction on the interest on your home loan
- Get a deduction on your rent
- Contribute to charity
- Keep some money in your savings account
