Tax is a sum of money demanded by a government for the support of some facilities and services.
Tax saving is very important part of financial planning.
We save our tax:
1 Life insurance policy is the best poloicy in India to save the the taxes. When we invest our policy then we don’t measure its “tax benfits” but we only measure its “life benfits”.
2 Pension Plans is the another policy for saving the tax. Pension plan is designed in such a way that only one person take this plan and it gives benfit to whole family. [ Tax saving insurance plans ]
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