Last minute tax saving tips from income tax experts

tax saving tips

Tax saving tips: This is that time of the year when most of the individual taxpayers must have completed their tax-saving investments, already submitted the investment proof to their employer before the due date, and now might be waiting for their March salaries to be credited to their bank accounts without any extra tax cut.

However, if someone hasn’t finished one’s tax-saving task yet, then it is time to hurry up as the tax-saving investment deadline is just a couple of days away.

Tax experts say that 31st March is the last date to make investments to save taxes for FY 2023-24. One can utilize the remaining time wisely to leverage tax-saving options under sections 80C, 80CCD(1), 80D etc.

Read Also: Income Tax Dept sets high-risk value assessment guidelines for updated ITR
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