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5 ways to maximise you income tax return

Taxes are unavoidable but you can surely minimize its impact by filing the Income Tax return every year. Whether you have invested your money or made large payments against loans, travel or insurance it's time to look back at the year to maximise your deductions and thereby lower your tax burden.

 
 
The unique selling proposition of ELSS is they have delivered up to 20 per cent returns, combined with the merit of their tax-saving abilities for the investors.
Almost all respondents want the I-T exemption limit to be raised substantially while 58 per cent of the respondents were in favour of raising it to Rs 5 lakh.
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