It's that time of year when taxpayers under the old tax regime - mostly the salaried class - rush in to invest that extra amount to help them save some taxes under section 80C of the Income Tax Act. The tax saving options available to taxpayers are: Equity Linked Savings Schemes (ELSS), National Savings Certificate (NSC), PPF, NPS, fixed deposits (FDs), life insurance plans and a few others.
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