Description:

This course provides a comprehensive understanding of different tax-saving instruments and strategies. Learn how to maximize your savings by optimizing tax planning and making wise investment decisions. Calculate taxable income and leverage various tax-saving instruments to reduce your tax liability. By the end of this course, you'll have a solid understanding of tax-saving instruments, their benefits, and how to use them to optimize your financial planning.

Key Highlights:

• Comprehensive understanding of tax-saving instruments
• Lower your tax liability
• Encourage wise investment decisions
• Maximize savings through tax planning strategies

What you will learn:

• Meaning of ELSS funds
  Understand the concept and benefits of Equity Linked Saving Scheme (ELSS) funds.
• Different types of fixed-income instruments
  Explore various fixed-income instruments for tax savings and their regulations.
• Regulations for exiting fixed-income instruments
  Learn about the rules and procedures for exiting fixed-income tax-saving instruments.
• Benefits of investing in pension funds
  Discover the advantages and tax benefits of investing in pension funds.
• Exemptions on Long-Term Capital Gains (LTCG)
  Understand the exemptions available on Long-Term Capital Gains (LTCG) for tax savings.
• Personal deductions available for tax exemptions
  Learn about the personal deductions that can be utilized for tax exemptions.