It is that time of the financial year, when Income tax payers start getting active about investing in Section 80C instruments. Since, the limit is up to Rs 1 lakh per person, both insurance companies and mutual funds start launching schemes to attract investors.
Regular investments in Section 80C instruments earn better returns as well as reduce the pressure on your funds. During the month of October, most offices circulate an investment declaration form. This form asks the salaried individuals to list out investments, premiums paid for medical insurance and interest payout on ...