Saving taxes this way can be injurious to financial health
January is a desperate time for the salaried class. Your employer must have given January 30 as the last date to file tax-saving investment proof for this financial year, or else February and March will see big cuts in salary to recover taxes. We invest in avenues that may save tax thanks to Section 80C but actually end up becoming poorer. Experts and advisors tell DNA Money how saving taxes in certain ways can be injurious to your health.