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State Of Income Tax Saving Investments In India 2021-22

Aroscop conducted a nationwide study to understand how Indian Income taxpayers make their tax-saving-related investments, how aware are they with respect to various tax-saving schemes, and what investment instruments they prefer.

Here’s what we found on analyzing the 1000+ responses-

  • 83% of the respondents are either wrong or aren't sure about all the income tax exemptions
  • Millennials are most aware of the IT regimes and various schemes for tax exemption
  • The young taxpayers (Gen Z) make the insurance-related investments themselves
  • West & north Indian states seem to be most prepared to achieve their IT-related investments targets

Some of the questions that the report aims to answer -

  1. Do Rural Audiences see Income Tax Investments differently?
  2. Mutual Funds are popular among what age groups?
  3. Do the Southern States prefer any specific tax-saving instruments?
  4. When do the Eastern states do their tax-related investments?

Get answers to more such questions. Download the report now!

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