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Tax Planning for FY2024-25: Where to invest to save taxes and get higher returns? financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Surrendering endowment policies can incur immediate losses, but may reduce overall losses and offer higher returns if future premiums are reinvested wisely..Consider other options like converting to a paid-up policy or taking a loan against the policy for short-term liquidity needs.
By incorporating these financial instruments into your planning, you can establish a strong foundation for financial stability, long-term wealth creation, and peace of mind.