Tax-saving traps to avoid

In your desire to save tax, don’t buy a flawed product.  Debashis Basu & Raj Pradhan explore the tax-saving traps best avoided and reveal a right approach to save tax

The period between January and March is the busiest one for life insurance companies. Lakhs of insurance agents aggressively sell unit-linked insurance plans (ULIPs) with a bait of tax saving. Insurance companies come out with new...

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