Checkpoints
Tax-Saving & Compliance
- Maximize 80C Deductions (₹1.5 lakh limit via PPF, ELSS, Life Insurance, etc.)
- Utilize 80D for Health Insurance Premiums (₹25k-₹50k limit)
- Claim HRA & Home Loan Benefits (Section 10(13A) & 80EEA)
- File Advance Tax (if applicable) to avoid penalties
- Verify capital gains tax liability on stocks, mutual funds, and real estate
Investment Review & Rebalancing
- Assess portfolio performance & rebalance if needed
- Exit underperforming investments
- Check debt vs. equity ratio for risk management
- Reinvest dividends & maturity proceeds for compounding
Pending Contributions & Investments
- Complete EPF, PPF, NPS, and Sukanya Samriddhi contributions before the deadline
- Invest in Tax-Free Bonds or Debt Funds if required
- Plan capital gains reinvestment in bonds or real estate for tax exemption
Financial Housekeeping
- Update nominees for investments, insurance, and bank accounts
- Renew term insurance & health policies
- Ensure KYC & Aadhaar-PAN linking is up-to-date
- Download & verify your Annual Investment Statements (AIS)
