Income Tax exemption: Financial instruments you can still invest into before Mar 31 deadline

With fewer than 48 hours to go before the financial year draws its curtains, investors are rushing to invest into a plethora of investment options in order to save their income tax for fiscal 2023-24..

There is no denying the fact that most investment options, particularly the ones in equity have already become unfeasible from the lens of tax saving..

This means even if you buy an equity-oriented scheme such as ELSS, you will be issued the units only next week (i.e., next financial year) since the financial markets are closed before Monday..

There are a few investment options where you get instantaneous receipt such as tax-saving FD and PPF..

So, these are considered go-to options for the last minute investment," says Sridhaaran S., a Sebi-registered investment advisor and founder of Wealth Ladder Direct...