How do save Tax by Investing in Mutual Funds?

Under Section 80C of the Income Tax Act, 1961, mutual funds—also known as Equity Linked Savings Schemes (ELSS)—are excellent tools for reducing one’s taxable income. If you invest your money in certain types of investments, this section enables you to deduct certain expenses from your taxable income.

Shriram Life Insurance Pension Plans

The first thing that comes to mind when considering retirement is income. Even though you may have left the military after serving for a while, how will you pay for your post-retirement
expenses? Shriram Life Insurance Pension Plans would be your best option if you want to live a stress-free life after retirement and do not want to compromise on your standard of living

Ageas Federal Life Insurance Plans

Ageas Federal Life Insurance plan belongs to one of India’s leading private sector banks and Ageas, a multinational insurance giant based out of Europe. One of the life insurance companies with the fastest growth rates, it provides all of its clients with a wide selection of retirement, protection, and investment plans.

ICICI Prudential Guaranteed Pension Plans

of the leading international financial service group with its headquarters in the United Kingdom. ICICI Prudential Life stands in the list one of the first private sector life insurance companies who owns the approval from the Insurance Regulatory Development Authority of India (IRDAI) and is running in the race since December 2000.

Reliance Nippon Life Smart Pension Plan

The Reliance Nippon Life Smart Pension Plan gives its clients to pick their retirement age, offering them a single amount payout on retirement and the advantage of an annuity plan. Clients selected with the Reliance Nippon Life Smart Pension Plan can improve their retirement corpus and might make a halfway tax-exempt withdrawal from the corpus.