Are 5-Year Tax Saver Deposits Still Worth It? A Detailed Analysis

Fixed Deposit, Fixed Income, Tax Saving, Taxes

 As we approach the last quarter of the financial year, tax-saving strategies take center stage for many taxpayers. Section 80C of the Income Tax Act offers several popular investment options, including PPF (Public Provident Fund), EPF (Employee Provident Fund), life insurance, and ELSS (Equity Linked Savings Schemes). Among these, 5-year tax saver deposits is quite […]

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Old Vs New Tax Regime – Which is Better for You? Here’s What You Need to Know

Income tax, Taxes
Old Vs New Tax Regime - Which is Better for You?

Choosing the right tax regime is a crucial decision for taxpayers in India. With the introduction of the new tax regime in Budget 2020, taxpayers now have the option to choose between the old Vs new tax regimes. While the new regime offers lower tax rates, it eliminates many of the deductions and exemptions that

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