And its April and yet another start of the new financial year. If you are a salaried employee of a company, you all would have come across this every year and this is nothing very new. Even if you are not salaried, it is better to have your investments planned before hand for this Financial year before hand and plan accordingly. Why is disclosing the investments important in the month of April? Its nothing to do with the month of April. But its better to disclose in the month of April itself to get the full advantage. For the salaried class of people, who worry about the tax, this marks an important event. This is because TDS (Tax deduction at Source) is based on the investments disclosed and better to disclose the right figure to get the proper cash flow right from the beginning. How I can make this disclosure to my benefit? Understand each and every section that has to be disclosed and the advantages and dis-advantages in detail. Section 80C: Identify how much is already covered by y...