Save Tax

Save upto Rs. 46,500

Save Tax

01. What are Tax Saving Funds?

a. 1,50,000 Income Tax Rebate - Under Section 80 (C)

How your Income-Tax Structure looks with and without tax saving funds
Without 80 (C)
Income Taxation
0 to 2.5 Lakh 0%
2.5 Lakhs to 5 Lakhs 5%
5 Lakhs to 10 lakhs 20%
Above 10 lakh 30%
With 80 (C) Benefit
Income Taxation
0 to 4 Lakh 0%
4 to 6.5 Lakhs 5%
6.5 Lakhs to 11.5 Lakhs 20%
11.5 Lakhs Onwards 30%

b. A specific category of Mutual Fund Schemes- Called ELSS schemes qualify as valid 80 (C) Investment

02. Why Tax Saving Mutual Funds (ELSS Funds) is your best option

Parameters

  • Pre-Tax Return
  • Post-Tax Return
  • Tax Slab
  • Lock-In Period

Tax Saving Mutual Funds

  • 12-15%
  • 12-15%
  • No Tax
  • 2 Years

NSC Certificate

  • 8%
  • 5.60%
  • 30% Tax
  • 5-10 Years

PPF

  • 8%
  • 8%
  • No Tax
  • 15 Years

Life Insurance

  • 5-8%
  • 5-8%
  • No Tax
  • 3+ Years

Bank FDs

  • 7.50%
  • 5.25%
  • 30% Tax
  • 5 Years
Assumptions

Investor is at a 30% Income Tax Slab, Returns of Tax saving Mutual Funds are based on historical returns, Annual Equity Gains are assumed at less than 1 lakh

03. How Tiger Assets helps you invest in the Right Fund

01.

Right Amount to Invest

Our Advisor looks at your investment in PF, PPF/other sources and calculates the shortfall to complete 80 (C) Investment

02.

Right Scheme to Invest

Basis our research, our advisor recommends you the right scheme to invest in

03.

Submitting Proof to HR/CA

The statement directly comes within the next working day- which can be submitted to HR/CA. Report can also be downloaded from our portal