Published on 30/10/2020 4:18:51 PM | Source: PNB Metlife
Who doesn’t want to save taxes on their hard-earned income? This is particularly why you are certain to find a number of income tax saving investment options and instruments available in the market to help you reduce your tax burden. While some offer incredibly high returns while others offer a comfortable cushion for your post-retirement plans. Whatever your specific financial needs may be, there is possibly an income tax saving option for you out there.
But, keeping in mind the most popular financial needs except this, here are some of the best tax saving investments that you should definitely know about:
For instance, the premiums towards a term insurance plan are eligible for tax benefits under Section 80C and 10(10D) of the Income Tax Act. If your term insurance comes with a medical rider, you can even avail additional tax benefits under Section 80D. Browse the website to know more about Life Insurance and the various Term Plans offered by PNB MetLife.
So, now that you know of the best tax saving investments in the market, make sure to make the most of these investment opportunities and reduce your income tax burden. Always ensure to do a proper and thorough round of research before opting for the investment option that works best for you and enjoy your tax benefits for years to come.
Disclaimer:
The aforesaid article presents the view of an independent writer who is an expert on financial and insurance matters. PNB MetLife India Insurance Co. Ltd. doesn’t influence or support views of the writer of the article in any way. The article is informative in nature and PNB MetLife and/ or the writer of the article shall not be responsible for any direct/ indirect loss or liability or medical complications incurred by the reader for taking any decisions based on the contents and information given in article. Please consult your financial advisor/ insurance advisor/ health advisor before making any decision.
PNB MetLife India Insurance Company Limited, Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka.
IRDAI Registration Number 117. CI No: U66010KA2001PLC028883. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale.
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Call us Toll-free at 1-800-425-6969. Phone: 080-66006969, Website: www.pnbmetlife.com, Email: indiaservice@pnbmetlife.co.in or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, Maharashtra. Phone: +91-22-41790000, Fax: +91-22-41790203
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