CA Deepak Jain

Everyone knows about PPF and ELSS for Section 80C deduction. But the Rs 1.5 lakh limit under 80C can be filled with several other options that may suit your specific situation better. THE USUAL SUSPECTS PPF: 7.1% interest, 15-year lock-in, fully exempt (EEE). Safe but illiquid. ELSS: Market-linked... Show more

With the new tax regime, many HNIs think tax planning is dead. It is not. The strategies have just shifted. Here are 7 approaches I use for my high net worth clients. 1. MAXIMISE NPS CONTRIBUTION Section 80CCD(1B) allows Rs 50,000 additional deduction over and above Section 80C. This is available e... Show more