Ramesh Verma, 28, has his game on point. He has fully utilized the ₹1.5 lakh 80C limit, makes ₹50,000 contribution to National Pension Scheme (NPS) for deduction under Section 80CCD(1B) and is repaying an education loan. But ask him about his financial goals or an emergency fund and Verma falls short of words. “I have little liquid savings but with my current tax-saving plan my taxable income is below ₹5 lakh exemption limit and I don’t have to pay any tax," he said.
Financial Terms Like Mutual Fund, IPO and Bond Now In Sign Language For Differently-Abled
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