Many individuals do not plan for tax savings from the start of the financial year and complete it at the end of the financial year. Due to this make hasty investment decisions which are bad for their investment portfolio. An individual’s tax-saving investments should be part of their overall financial plan.

When final exams approach, children who neglected their studies throughout the year have to struggle. Before you judge these Rip Van Winkles, keep in mind that many taxpayers do the same with their tax planning. They wait till the last few months (or even weeks) of the financial year to finish their tax-saving investments. AMFI data shows that during 2021-22, more than 40% of the total Rs 21,134 crore inflows in ELSS schemes came in the last three months. March alone accounted for more than Rs 4 ..