Taxman Calling !

It is time to gird your loins and meet the tax demon head on, as March approaches !
Pull out that Calculator or Spread sheet and arrive at the Tax savings to be made.

Review your Tax savings plans and :

• Pay your Insurance premium- Nowadays, you can make online payment by directly debiting your bank account. Check with your current bankers and act
• Check the Mediclaim validity
• If you have a PPF account, remember, you need to make at least one payment in a year before March 31st.
• If you have Housing loans, your employer may ask for the latest certificate on Principal and Interest paid for this financial year. Call your Bankers and request for one , so that you can pick up the same during the weekend. 
• Note to pay your Property tax, which could be included for tax purposes.
• Check and ensure that your house is insured. Make sure that your financiers have done this otherwise you pay this and advise them against double payment.

This is a wake up call , particularly to those who have travelled outside India and normally tend to forget these critical activities. Do Not allow policies to lapse due to delinquency.