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"Unleashing Potential: Exploring the Profitability of Investing in Boxlight Corporation"

**Boxlight Corporation: Revolutionizing Education with Technology** In an era where technology continues to reshape the landscape of various industries, Boxlight Corporation stands at the forefront of transforming education through innovative solutions. Founded with a vision to enhance learning experiences, Boxlight has become synonymous with cutting-edge educational technology. * *Introduction to Boxlight Corporation** Established in 1985, Boxlight Corporation has evolved from a provider of visual display products to a leading global supplier of interactive educational technology solutions. With headquarters in Lawrenceville, Georgia, the company has a rich history of pioneering advancements in classroom technology. **Product Portfolio** Boxlight offers a diverse range of products tailored to meet the evolving needs of educators and students alike: 1 . **Interactive Displays**:  Boxlight's interactive displays combine touch technology with high-resolution visuals, allowing for imm...
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Tax saving technique

 **A Comprehensive Guide to Tax-saving Strategies for Salaried Individuals**




For salaried individuals, managing taxes can often be a daunting task. Many taxpayers find themselves scrambling to file their income tax returns (ITR) in the last few days before the deadline. However, planning ahead for tax savings can significantly reduce the amount of tax payable and maximize savings.




The government provides various opportunities for tax-saving investments. Let's explore how you can save up to 1.5 lakh rupees under Section 80C of the Income Tax Act.




In this article, we'll discuss eleven strategies that can help you easily save taxes and optimize your financial planning.




1. **Fixed Deposits (FDs):**




   - Benefit from tax deduction of up to 1.5 lakh rupees in FDs with a tenure of 5 years.


   - Earn a competitive interest rate of 7 to 8%.


   - Enjoy tax deduction under Section 80C.




2. **Public Provident Fund (PPF):**




   - Lock-in period of 15 years.


   - Interest earned is tax-free.


   - Primary benefit under Section 80C: 1.5 lakh rupees.




3. **Equity-linked Savings Scheme (ELSS):**




   - Lock-in period of 3 years.


   - Redemption up to 1 lakh rupees is tax-free.


   - 10% tax on the amount exceeding 1 lakh rupees.




4. **National Savings Certificate (NSC):**




   - Lock-in period of 5 years.


   - Interest rate of 6.8%.


   - Eligible for tax benefit under Section 80C up to 1.5 lakh rupees.




5. **Life Insurance Policy:**




   - Annual tax-saving benefit of up to 1.5 lakh rupees.




6. **National Pension System (NPS):**




   - Voluntary scheme.


   - Annual tax-saving benefit of up to 2 lakh rupees.


   - Additional tax benefit under Section 80CCD (1B) of 50,000 rupees.




7. **Tuition Fees:**




   - Tax-saving benefit under Section 80C for tuition fees.




8. **Employee Provident Fund (EPF):**




   - Tax-saving benefit of up to 1.5 lakh rupees under Section 80C.




9. **Senior Citizen Savings Scheme:**




   - Tax-saving option tailored for senior citizens.




10. **Sukanya Samriddhi Yojana (SSY):**




    - Tax-free scheme designed for girl child education.




By leveraging these tax-saving avenues, individuals can efficiently manage their finances and maximize savings while filing their returns.












In conclusion, proactive tax planning is essential for optimizing financial goals and minimizing tax liabilities. By exploring and utilizing these tax-saving options, salaried individuals can secure their financial future and achieve their long-term objectives effectively. Remember, proper financial planning and informed decision-making are key to successful tax management.




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