Tax Saving Investment

March 31 is nearly here. If you have chosen the old income-tax regime, that allows you to claim deductions and exemptions, then you have very little time in hand. For those, who are looking to beat the clock, there are certain tax-saving investments they can make. The National Pension System (NPS) is one of them.

If you have completely exhausted the limit under section 80c, NPS can help you maximise your tax benefits. It provides an additional deduction of ₹50,000 under section 80CCD (1B).