How to Legally Save Up to 20% in Taxes on Investment Gains in India!

What is the fuss?

Taxes can eat away at your hard-earned investment gains. And yet, we retail investors spend most of our time maximising for pre-tax returns. But what about the inevitable risk of taxes?

The companies offering these assets know this trait of investors and often use it to market their investment products, showing the highest return possible, which may include higher tenures or senior citizen benefits.

Post-tax returns are the actual returns that you get to keep. In India, taxes on gains made by investing can be as high as 30% (maximum income tax slab).

But, there is a way, five ways to be exact, using which you can save on taxes on your favourite investment assets, from equity to debt to even gold and real estate. You can save taxes as much as 20%. Yep, you can, and by doing so, increase your actual returns (post-tax returns) by the same amount, 20%.

Let’s get right into it.

Note: These tax-saving secrets are for investments made by resident Indians in India.

Way 1: Fixed Deposit Type Returns, Equity like taxes

Your fixed deposits are taxed as per your income tax slabs. For most salaried…