Before rushing to make tax-saving investments for FY 2019-20, first check whether you need to make such investments or not. This is because there are several investments with varying features and tenures. And in our rush to select a financial product, we miss out on expenditures that can be claimed to save tax instead.
Here are few expenses that come with tax advantages and will help you neutralise your tax outgo for the current financial year.Contribution to Employees’ Provident Fund