{"id":1543,"date":"2023-03-10T18:38:43","date_gmt":"2023-03-10T18:38:43","guid":{"rendered":"https:\/\/integrityfinserv.com\/?p=1543"},"modified":"2023-03-10T18:38:43","modified_gmt":"2023-03-10T18:38:43","slug":"dear-investors-we-are-now-heading-towards-financial-year-end-2022-2023-and-everyone-is-looking-for-saving-tax","status":"publish","type":"post","link":"https:\/\/integrityfinserv.com\/index.php\/2023\/03\/10\/dear-investors-we-are-now-heading-towards-financial-year-end-2022-2023-and-everyone-is-looking-for-saving-tax\/","title":{"rendered":"Dear Investors, We are now heading towards Financial Year end 2022-2023 and everyone is looking for saving tax."},"content":{"rendered":"<p>Dear Investors,<br \/>\nWe are now heading towards Financial Year end 2022-2023 and everyone<br \/>\nis looking for saving tax. As per Income tax act limit of 80C is 1.5 Lacs per annum.<br \/>\nThis includes primarily Provident fund, Term Insurance premium, Tuition Fees, Public Provident<br \/>\nFund, Sukanya Samriddhi Yojana, NSC, 5 Years bank fixed deposit and Housing Loan Principal and<br \/>\nInterest etc.<br \/>\nDepending upon investors risk profile, I would like to share advantages of Equity Linked Saving<br \/>\nSchemes (Tax Saver equity fund). A person generally has career of 30-35 years depending upon<br \/>\nworking industry, health and skills. Broadly speaking, main phases of life are 0-25 years education,<br \/>\n25-55\/60 years job and 55\/60-75\/80 years retirement. You need investments which will take care of<br \/>\nyour retirement years. The safety and liquidity are most important factors.<br \/>\nUnbelievable but true, if any investor is utilizing full limit of 80C for 25 years then corpus is close to 5<br \/>\nCrores.<br \/>\n(P.S.- We have considered investing full 80C limit in Tax Saver fund for the calculation)<br \/>\nPlease have look at tables for information.<br \/>\n(Aditya Birla Sun Life Tax Relief \u201996 Fund Picture)<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-1544 aligncenter\" src=\"https:\/\/integrityfinserv.com\/wp-content\/uploads\/2023\/03\/Picture1-225x300.png\" alt=\"\" width=\"225\" height=\"300\" srcset=\"https:\/\/integrityfinserv.com\/wp-content\/uploads\/2023\/03\/Picture1-225x300.png 225w, https:\/\/integrityfinserv.com\/wp-content\/uploads\/2023\/03\/Picture1.png 471w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/><\/p>\n<p>(Pros and Cons \u2013 PPF vs ELSS)<\/p>\n<p><img decoding=\"async\" class=\"size-medium wp-image-1545 aligncenter\" src=\"https:\/\/integrityfinserv.com\/wp-content\/uploads\/2023\/03\/Picture2-225x300.jpg\" alt=\"\" width=\"225\" height=\"300\" srcset=\"https:\/\/integrityfinserv.com\/wp-content\/uploads\/2023\/03\/Picture2-225x300.jpg 225w, https:\/\/integrityfinserv.com\/wp-content\/uploads\/2023\/03\/Picture2-769x1024.jpg 769w, https:\/\/integrityfinserv.com\/wp-content\/uploads\/2023\/03\/Picture2-768x1023.jpg 768w, https:\/\/integrityfinserv.com\/wp-content\/uploads\/2023\/03\/Picture2.jpg 1052w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/><\/p>\n<p>Please note, the scheme name is used for illustrative purpose and not recommendation.<\/p>\n<p>Still 80C limit is open for investment then don\u2019t wait call me now?<\/p>\n<p>Disclaimer: Investment in stock market is subject to market risk. Read offer document carefully before investing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear Investors, We are now heading towards Financial Year end 2022-2023 and everyone is looking for saving tax. As per Income tax act limit of 80C is 1.5 Lacs per annum. This includes primarily Provident fund, Term Insurance premium, Tuition Fees, Public Provident Fund, Sukanya Samriddhi Yojana, NSC, 5 Years bank fixed deposit and Housing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1543","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/integrityfinserv.com\/index.php\/wp-json\/wp\/v2\/posts\/1543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/integrityfinserv.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/integrityfinserv.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/integrityfinserv.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/integrityfinserv.com\/index.php\/wp-json\/wp\/v2\/comments?post=1543"}],"version-history":[{"count":1,"href":"https:\/\/integrityfinserv.com\/index.php\/wp-json\/wp\/v2\/posts\/1543\/revisions"}],"predecessor-version":[{"id":1546,"href":"https:\/\/integrityfinserv.com\/index.php\/wp-json\/wp\/v2\/posts\/1543\/revisions\/1546"}],"wp:attachment":[{"href":"https:\/\/integrityfinserv.com\/index.php\/wp-json\/wp\/v2\/media?parent=1543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/integrityfinserv.com\/index.php\/wp-json\/wp\/v2\/categories?post=1543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/integrityfinserv.com\/index.php\/wp-json\/wp\/v2\/tags?post=1543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}