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Tax Planning for the Current Financial Year Ending March 2010

January 19th, 2010 by KRS

With few months remaining in this financial year ending 31-March-2010, you have various options to invest in order to reduce your tax liability for this financial year. I have come across three good articles from livemint.com which I hope will be useful for the readers.

11 tax-savers to choose from
Don’t get conned into buying one more insurance plan this year. There are 10 other products you can choose from and get the same Rs1 lakh tax kick. In some of them, you don’t even need fresh investment.
Click here for the full article.
Source: Livemint.com

Six equity-linked saving schemes to choose from this tax season
Among tax-saving vehicles, these are the most efficient full-equity options that investors have. We list out three schemes each in the lower and higher risk categories to help you choose good ELSS schemes
Click here for the full article.
Source: Livemint.com

There’s much more to deductions than 80C
There are six other deductions under section 80 that you may need to use to reduce your taxable income
Click here for the full article.
Source: Livemint.com

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