Have you done your tax-saving right? Read these stories to find out

THE ECONOMIC TIMES Sat, Mar 09, 2019 | 11:56 AM IST Tax-saving guide for FY2018-19

How to save tax on health insurance premium Premium paid towards health cover for self, family and parents not only provides financial help in case of medical emergencies but also reduces tax liability. 7 lesser-known investments, expenditures eligible for tax breaks Did you know you that can claim tax deduction on stamp duty? Here are other tricks that can help you cut tax. Have you done your tax-saving right? Calculating your tax liability correctly and using the tax breaks offered under Section 80C are few points to check during your tax-saving exercise. Double benefit: Tax saving investments with tax-exempt returns Here are 6 tax savers that will not only help you save tax but also help you earn tax-free income. Your parents, wife, children can help you save taxes Salaried individuals can save tax by paying rent to their parents and availing the HRA exemption benefit. Does tax-saving via NPS suit your financial profile? If you are looking to invest in NPS merely to save tax, you need to weigh its pros and cons as it is more of a retirement focused investment. How to claim LTA from your employer Before availing the tax benefit on LTA, there are, however, certain other important conditions attached to it. Read on to know them. Medical expenses that give tax breaks under section 80DDB The deduction under section 80DDB can be claimed irrespective of whether you have paid a premium for a health insurance policy or not. PPF: Safe option to save tax, fund retirement Since the Public Provident Fund (PPF) has a long tenure of 15 years, the impact of compounding is huge, especially in the later years. Sukanya Samriddhi Yojana: Important points before investing The EEE status of the scheme may not be a good enough reason to invest in it. Read on to find out if you should put your money in the scheme or not.

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