Tax Planning at DENIP Consultants.

Investment options to maximize tax benefits available under Sec 80C & 80D. Maximum benefit available under this section is Rs. 1 lakh. At DENIP Consultants Pvt. Ltd., we suggest our clients different instruments that helps them in availing maximum benefits under section 80c and 80D.

1. ELSS (Equity Linked Savings Scheme):

High risk, high return product. It is also one of the options where the lock in is least, i.e. 3 years. Maximum limit under 80C is rs. 1 lakh. SIP (Systematic Investment Plan) is a good way to invest in this ELSS as it averages your cost over the year by buying every month. SIP is one of the best option as it allows one to invest regularly and contribution of small amounts every month leads to accumulation of wealth annually.

2. Insurance:

One should not just avail insurance policies for getting the Tax benefits. Insurance is very important for an individual and it should be done after taking into consideration the dependents in the family. We suggest the instruments to our clients on the basis of his dependants and tax liability.

3. Medical insurance:

One can avail up to Rs 15,000 deduction on medical premium of himself, spouse and dependents. In addition, medical insurance premiums for your parents, is eligible for another deduction of up to Rs 15000 and up to Rs 20,000 if they are senior citizens. Medical insurance is very important for all the indiciduals and every one should have it. We suggest this instrument taking into consideration various factors like age, illness (previous), capacity to pay the medical insurance, etc.

4. PPF account:

Public Provident Fund (PPF) is one of the safest debt products where you can invest up to Rs. 70000 every year. The investment done every year is exempt from taxes and the interest and maturity is exempted. 

 Benifits of Tax Planning at DENIP Consutants:

• Professional Advice on selection of instruments.
• All instruments under one roof.
• Systematic processing of applications.
• Quick and efficient service for all clients.
• We distribute tax planning products of all AMC's and Insurance Companies (LIC, ICICI, Bajaj).