Smart Ways to Save Income Tax in India

Feb. 18, 2011 - PRLog -- .
Savings, Investment Plans & Income Tax Planning

Have you ever thought about saving investment schemes or how to get income tax relief? If you live in India there are many good tax saving schemes/instruments available in the market. You can save your  hard earned money by investing in different long term as well as short term schemes & investment plans. Some essential financial instruments like life insurance, health insurance, Post Office schemes, high interest yield plans among others can help you to reduce your income tax outgo burden.

visit http://savingwala.com/category/insurance for details

Provident fund, pension schemes, NSCS (national saving certificates), ULIPS etc. are the most common and secured schemes known. What's more you can apply for these schemes online also. Other good ways to save tax is through home loan repayment, education loan, donations etc. So you have a wide choice to  choose from any of these tax saving schemes and thus make secure investment. To know more about tax saving schemes in details check the link below. Who does not want to save tax? Money saved is money earned.

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Savingwala offers free info. about various tax saving schemes available to salaried and middle class families in India