Opted for old tax regime? Explore last-minute income tax saving options

Last-minute income tax saving options: ELSS funds, PPF, NPS, and fixed deposits are some of the popular options under section 80C. Don't forget health insurance

With less than a week left to make tax-saving investments for FY24, there is a risk that people will hurry and make the wrong choice to meet the March 31 deadline. As they say: "Invest in a hurry, regret in leisure." If you've chosen the old tax regime, make an informed choice and don’t rely entirely on your agent, particularly for Sections 80 C and 80 D.

Section 80C

Before you begin, note that your employee provident fund (EPF) would make up a majority of the Section 80C deduction. Take that into account before investing more in Section 80C. "Section