💨 Abstract

The article highlights the importance of tax planning and financial security as the financial year FY 24-25 draws to a close. It advises individuals and families to align their savings, investments, and insurance coverages to optimize tax benefits, especially with the March 31st deadline approaching. Investing in health insurance policies under Section 80D of the Income Tax Act is suggested as it offers tax-deductible premiums and comprehensive health coverage.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖