BAJAJ BROKING

open-demat-imgOpen Demat
Login-imgLogin
be-a-partner-imgBe a Partner
samadhan-imgSamadhan
open-demat-imgOpen Demat
InstallInstall App
Download AppInstall App
Notification
No new Notification messages
Shri Ahimsa Naturals IPO is Open!
Apply for the Shri Ahimsa Naturals IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Tax-Saving Strategies for 2025

Tax planning is an essential part of personal finance, helping individuals reduce tax liability while savings. In India, various tax-saving instruments and deductions under the Income Tax Act can help taxpayers plan efficiently. Let's explore the best tax-saving strategies to make the most of available deductions and exemptions.

Tax Savings and Investment Planning

Effective tax-saving begins with smart investment planning. Taxpayers should align their investments with financial goals while taking advantage of deductions offered under different sections of the Income Tax Act. A well-planned tax-saving strategy ensures wealth creation and financial security over time.

Understanding the Basics of Income Tax in India

The Indian tax system provides taxpayers with multiple exemptions and deductions to reduce their taxable income. Choosing the right tax-saving options ensures financial security while minimizing tax outflow. Taxpayers should also be aware of the latest tax regulations to maximize their benefits.

Tax-Saving Options Under Section 80C

Section 80C of the Income Tax Act allows taxpayers to claim a maximum deduction of Rs. 1.5 lakh per year on eligible investments and expenditures. This section offers multiple tax-saving avenues catering to different risk appetites and financial goals. Lets have a look:

  1. Provident Fund (PF) and Employee Provident Fund (EPF)

    The Provident Fund (PF) and Employee Provident Fund (EPF) are among the most secure and widely used tax-saving instruments under Section 80C. These are government-backed retirement savings schemes where both employees and employers contribute a fixed percentage of the employee’s salary.

    • Key Benefits:
      • Tax Benefits: Employee contributions qualify for a tax deduction under Section 80C, reducing taxable income.
      • Long-Term Security: The accumulated amount, including interest, is tax-free at maturity if withdrawn after five years of continuous service.
      • Employer Contribution: Employers also contribute an equal portion to EPF, boosting overall savings.
  2. Public Provident Fund (PPF)

    The Public Provident Fund (PPF) is a government-backed, long-term savings scheme that offers tax-free returns and guaranteed benefits.

    • Key Benefits:
      • Tax-Free Returns: Both interest earned and the maturity amount are exempt from tax.
      • Long-Term Investment: A 15-year tenure ensures wealth accumulation, with partial withdrawals allowed after five years.
      • Secure and Stable: Backed by the government, making it a risk-free investment.
  3. National Savings Certificate (NSC)

    The National Savings Certificate (NSC) is a fixed-income investment scheme that provides guaranteed returns along with tax benefits.

    • Key Benefits:
      • Fixed Lock-in Period: NSC has a five-year lock-in period, making it a medium-term investment.
      • Tax Benefits: Investments up to Rs. 1.5 lakh qualify for a deduction under Section 80C.
      • Interest Reinvestment: The accrued interest is automatically reinvested and also qualifies for tax deduction.
  4. Tax-Saving Fixed Deposits (FDs)

    Tax-Saving Fixed Deposits (FDs) are an excellent option for risk-averse investors looking for guaranteed returns with tax benefits.

    • Key Benefits:
      • Secure Investment: Provides stable and predictable returns.
      • Lock-In Period: Minimum five-year lock-in period is required to qualify for tax benefits.
      • Tax Deduction: Principal amount invested (up to Rs. 1.5 lakh) is eligible for deduction under Section 80C.
  5. Equity-Linked Savings Scheme (ELSS)

    The Equity-Linked Savings Scheme (ELSS) is a tax-saving mutual fund that offers high return potential.

    • Key Benefits:
      • Shorter Lock-In Period: ELSS has a minimum lock-in of three years.
      • Market-Linked Returns: Investments are made in equity markets, providing higher growth potential.
      • Dual Benefit: Tax savings and wealth creation over the long term.
  6. Life Insurance Premiums

    Life insurance policies not only provide financial security to dependents but also qualify for tax benefits under Section 80C.

    • Key Benefits:
      • Tax Deduction: Premiums paid for life insurance policies qualify for a deduction up to Rs. 1.5 lakh.
      • Financial Protection: Ensures family members are financially secure in case of an unfortunate event.
      • Variety of Plans: Includes term insurance, whole life insurance, and ULIPs.

Life insurance is an essential part of financial planning, ensuring protection along with tax-saving benefits.

Download App

Additional Tax-Saving Investments Beyond Section 80C

Apart from Section 80C, there are several other tax-saving investment options available under different sections of the Income Tax Act. These investments provide additional deductions and exemptions, helping taxpayers further reduce their taxable income while securing their financial future.

  1. Home Loan Interest Deductions (Sections 24(b) & 80EEA)
    • Homebuyers can claim a deduction of up to Rs. 2 lakh per year on home loan interest under Section 24(b).
    • First-time homebuyers can avail of an additional deduction of Rs. 1.5 lakh under Section 80EEA, provided the loan amount does not exceed Rs. 45 lakh.
    • These deductions significantly reduce the cost of homeownership and promote investment in real estate.

    A home loan serves a dual purpose: fulfilling homeownership dreams and reducing tax liability. Under Section 24(b), taxpayers can claim deductions on the interest component of their home loan up to Rs. 2 lakh annually. Moreover, first-time homebuyers benefit from Section 80EEA, which provides an additional deduction of Rs. 1.5 lakh, making home loans an attractive tax-saving option.

  2. Health Insurance Premiums (Section 80D)
    • A deduction of up to Rs. 25,000 is available for health insurance premiums paid for self, spouse, and children.
    • For senior citizens, the deduction extends up to Rs. 50,000.
    • Preventive health check-ups qualify for a deduction of Rs. 5,000 within the overall limit.

    Health insurance is an essential financial tool that safeguards individuals from rising medical costs while offering tax benefits. Under Section 80D, taxpayers can claim deductions on premiums paid for family members, including parents. Senior citizens can avail a higher deduction, making health insurance a must-have investment for tax and financial security.

  3. National Pension System (NPS) Benefits
    • Contributions to NPS qualify for deductions under Section 80CCD(1B), allowing an additional Rs. 50,000 deduction over and above the Section 80C limit.
    • Investors can choose between equity and debt options to build a balanced retirement portfolio.
    • The maturity amount is partially tax-exempt, providing long-term tax benefits.

    The National Pension System (NPS) is a government-backed pension scheme that encourages long-term savings for retirement. Taxpayers can claim deductions beyond Section 80C through Section 80CCD(1B), making it a valuable investment option. With diversified asset allocation and tax benefits, NPS helps build a stable post-retirement corpus.

  4. Investing in Government Schemes
    • Government-backed schemes like Sukanya Samriddhi Yojana (SSY) and Senior Citizen Savings Scheme (SCSS) offer tax benefits under Section 80C and additional security for long-term savings.
    • SSY is ideal for parents looking to save for their daughter’s education and marriage, offering tax-free maturity benefits.
    • SCSS provides a regular income stream for retirees with attractive interest rates and Section 80C deductions.

    Government schemes offer guaranteed returns and tax benefits, making them ideal for risk-averse investors. Sukanya Samriddhi Yojana (SSY) is specifically designed for girl child savings, ensuring financial stability for future education and marriage expenses. Similarly, the Senior Citizen Savings Scheme (SCSS) is a safe investment option for retirees, offering attractive interest rates with tax advantages.

  5. Tax-Free Bonds & Municipal Bonds
    • Interest earned from tax-free bonds is completely exempt from income tax, making them a suitable option for high-income earners.
    • Municipal bonds provide tax-free interest earnings while contributing to infrastructure development.
    • These bonds are ideal for conservative investors seeking stable, long-term income.

Tax-free bonds and municipal bonds are excellent investment avenues for individuals seeking stable and risk-free returns. Since the interest earned is fully tax-exempt, these bonds are preferred by high-income earners who want to optimize their tax liabilities while securing consistent earnings.

Tax-Saving Deductions and Exemptions Under Different Tax Regimes

When filing income tax returns, individuals can choose between the Old Tax Regime and the New Tax Regime. The old regime provides various deductions and exemptions, whereas the new regime offers lower tax rates with fewer deductions. Understanding the differences can help taxpayers make informed decisions based on their financial goals and tax-saving potential.

1. New Tax Regime vs Old Tax Regime: Which One is Better?

Feature

Old Tax Regime

New Tax Regime

Tax Slabs

Higher tax rates

Lower tax rates

Standard Deduction

Rs. 50,000

Available for salaried and pensioners

Section 80C Deduction

Available (Rs. 1.5 lakh max)

Not available

Section 80D (Health Insurance)

Available

Not available

HRA Exemption

Available

Not available

Home Loan Interest Deduction

Available (Rs. 2 lakh max)

Not available

Best For

Taxpayers claiming deductions & exemptions

Those preferring a simplified tax structure without deductions

2. Standard Deduction & Allowances

  • The standard deduction of Rs. 50,000 is available to salaried individuals and pensioners.
  • Helps in reducing taxable income without requiring specific investments.
  • Available under both old and new tax regimes.
  • Beneficial for individuals who do not have significant deductions under Section 80C.

The standard deduction simplifies tax calculation and reduces taxable income. Salaried individuals and pensioners can benefit from this fixed deduction, making it a useful component of tax planning.

3. Exemptions Allowed Under Section 10

  • Includes House Rent Allowance (HRA), Leave Travel Allowance (LTA), and other special allowances.
  • Employees can claim HRA if they pay rent and do not own a house in the same city.
  • LTA allows tax-free travel reimbursements for domestic trips.
  • Additional exemptions cover children’s education, hostel allowances, and transport allowances.

Exemptions under Section 10 help salaried individuals reduce their taxable income by covering essential expenses like rent, travel, and education. Proper documentation and compliance with eligibility criteria are required to claim these exemptions.

4. Transport and Conveyance Allowance

  • Employees can claim transport expenses as an exemption.
  • Includes allowances for daily commutes and official travel reimbursements.
  • Helps reduce the overall tax burden for salaried individuals with work-related travel.

For individuals who frequently commute for work, the transport and conveyance allowance offers tax relief on travel expenses. This exemption ensures that work-related travel costs do not significantly impact take-home salary.

5. Family Pension Income Deduction (Section 57(iia))

  • Provides a deduction of 33.33% or Rs. 15,000, whichever is lower.
  • Applicable to individuals receiving family pensions after the death of a pensioner.
  • Helps reduce taxable income for surviving family members.

The family pension deduction offers financial relief to dependents receiving a pension from a deceased individual. It ensures that the pension income is partially tax-exempt, reducing the financial burden on surviving family members.

Effective Tax-Saving Strategies for High-Income Earners

High-income earners face higher tax liabilities, making it crucial to implement effective tax-saving strategies. By leveraging smart investment options and utilizing various deductions, individuals can significantly reduce their tax burden while securing their financial future.

  1. Optimising Investments in Retirement Accounts
    • Contributing to retirement plans such as the National Pension System (NPS) provides tax benefits under Section 80CCD(1B), allowing an additional deduction of Rs. 50,000.
    • Investing in voluntary provident fund (VPF) or public provident fund (PPF) ensures long-term wealth creation with tax-free maturity benefits.
    • Employer-provided retirement benefits like EPF and superannuation funds help in structured tax-efficient savings.

    High-income individuals should focus on maximizing retirement contributions to benefit from tax deferrals and exemptions. The National Pension System (NPS) offers tax advantages under Section 80CCD(1B), while Voluntary Provident Fund (VPF) and Public Provident Fund (PPF) help in securing a stable retirement corpus with tax-exempt interest earnings. Additionally, employer-supported schemes like Employee Provident Fund (EPF) and Superannuation Funds contribute to long-term financial security.

  2. Health Savings Accounts (HSA) for Medical Tax Benefits
    • Contributions to health insurance policies under Section 80D offer deductions up to Rs. 25,000 (Rs. 50,000 for senior citizens).
    • Preventive health check-ups qualify for an additional deduction of Rs. 5,000 within the overall limit.
    • HSAs provide tax-free savings for medical expenses, ensuring financial preparedness for healthcare costs.

    Healthcare costs can be a significant expense, but Health Savings Accounts (HSA) and health insurance policies offer valuable tax benefits. Under Section 80D, taxpayers can claim deductions on health insurance premiums for themselves and their families. Additionally, senior citizens enjoy higher deduction limits. Investing in preventive health check-ups also provides tax relief while promoting well-being.

  3. Business & Self-Employment Tax Deductions
    • Business owners and self-employed professionals can claim deductions for expenses such as:
      • Office rent
      • Utilities
      • Business travel
    • Depreciation on assets can be claimed to reduce taxable income, including:
      • Machinery
      • Office equipment
      • Vehicles
    • Contributions to retirement schemes like NPS and health insurance for employees further lower tax liability.

Self-employed individuals and business owners can significantly lower their taxable income by strategically utilizing tax deductions. Business expenses, including office rent, travel, and professional fees, are deductible, reducing overall tax liability. Additionally, claiming depreciation on business assets and contributing to employee welfare schemes like NPS and group health insurance can help optimize tax savings.

Common Tax-Saving Mistakes to Avoid

While tax planning is essential for financial security, many taxpayers make common mistakes that can lead to missed deductions and increased tax liability. Avoiding these errors ensures maximum tax savings and financial efficiency.

  1. Overlooking Eligible Deductions
    • Many taxpayers fail to claim deductions under various sections like 80C, 80D, and 80E, missing out on significant tax savings.
    • Expenses related to:
      • Education loans
      • Home loans
      • Medical insurance often qualify for deductions but are sometimes ignored.
    • Donations to charitable organizations under Section 80G also offer tax benefits but are frequently overlooked.

    Taxpayers often miss deductions they are eligible for due to lack of awareness. Sections like 80C (investments), 80D (health insurance), and 80E (education loan interest) provide tax relief. Additionally, donations to registered charities under Section 80G can further reduce taxable income. Reviewing all possible deductions before filing taxes can help optimize savings.

  2. Not Aligning Investments with Financial Goals
    • Many individuals invest in tax-saving instruments without considering their long-term financial objectives.
    • Locking funds in low-return tax-saving fixed deposits (FDs) may not be the best option for wealth creation.
    • Choosing market-linked tax-saving investments like:
      • ELSS (Equity-Linked Savings Scheme) can provide higher returns over time.

    While tax-saving investments are crucial, they should align with financial goals. Investing in low-yield instruments without assessing long-term benefits may lead to suboptimal financial planning. Instead, considering options like ELSS funds, which provide both tax benefits and higher returns, can ensure financial growth alongside tax savings.

  3. Missing Deadlines for Tax Planning
    • Last-minute tax planning often leads to hasty investment decisions that may not align with financial needs.
    • Many taxpayers wait until the financial year-end to invest, limiting their options and increasing the risk of making poor investment choices.
    • Failing to:
      • File income tax returns on time
      • Meet tax-saving investment deadlines can result in penalties and loss of eligible deductions.

Procrastination in tax planning can result in inefficient financial decisions. Waiting until the last moment may force individuals into making investments that do not align with their financial objectives. Additionally, missing tax filing deadlines can lead to penalties and unnecessary financial stress. Planning investments throughout the year ensures better decision-making and optimized tax savings.

Latest Tax Updates and Pay Later Option for Income Tax Filing

Keeping up with the latest tax changes is essential to ensure compliance and take advantage of new deductions and benefits. Recent updates in tax laws provide flexibility for taxpayers while enhancing financial planning opportunities.

  • The government has introduced new deductions and exemptions under the revised tax regime, making it crucial for taxpayers to evaluate their options.
  • Online tax filing platforms now offer a "Pay Later" option, allowing taxpayers to file their returns early and pay their dues closer to the deadline.
  • Updates in standard deductions and Section 80C limits may impact individual tax planning strategies.
  • New provisions for higher TDS (Tax Deducted at Source) on specific transactions require individuals to stay informed and manage their finances accordingly.

Staying updated with the latest tax policies ensures better financial planning. The introduction of the Pay Later option allows taxpayers to file returns on time without immediate payment, reducing last-minute financial strain. Additionally, revisions in deductions, exemptions, and TDS rules can affect tax liability, making it essential to review tax-saving strategies regularly.

Conclusion

Tax planning should be a part of overall financial management. By leveraging deductions under various sections, taxpayers can significantly reduce tax liability while securing their financial future. Start early and choose wisely to maximize savings.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://www.bajajbroking.in/disclaimer

Share this article: 

Frequently Asked Questions

No result found

search icon

Read More Blogs

blogimage

Gold Rate Today | 26 March 2025

Update with gold rate today 26 March 2025, & last 10 days gold price in India, based on rupees per gram for 18, 24 & 22 Carat/Karat in major Indian cities.

26 Mar, 2025 | 40 Min. read
blogimage

ONGC Invests ₹3,300 Crore in ONGC Green to Acquire Ayana Renewable Power

ONGC to invest ₹3,300 crore in ONGC Green for Ayana Renewable Power acquisition, expanding its renewable energy portfolio through a 50:50 JV with NTPC Green Energy.

26 Mar, 2025 | 3 Min. read
blogimage

IREDA Raises ₹910.37 Crore via Tier-II Bonds at 7.74% for 10 Years

IREDA raises ₹910.37 crore via 10-year privately placed tier-II bonds at 7.74% to support green energy projects and boost CRAR.

26 Mar, 2025 | 3 Min. read
blogimage

Federal Bank Acquires 4% Stake in Ageas Federal Life for ₹97.44 Crore

Federal Bank acquires 4% stake in Ageas Federal Life for ₹97.44 crore, raising its shareholding to 30%. Deal to complete by October 31, 2025.

26 Mar, 2025 | 3 Min. read
blogimage

Maruti Suzuki Faces ₹2,966 Crore Tax Addition in FY 2021-22

Maruti Suzuki received a draft tax assessment for FY 2021-22, proposing ₹2,966 crore in additions. The company plans to contest the order before the DRP.

26 Mar, 2025 | 3 Min. read
blogimage

Bonus Shares Credited to Demat Account – Crediting Process

Learn about the timelines and procedures for crediting bonus shares to Demat accounts following corporate actions and bonus issue announcements at Bajaj Broking.

25 Mar, 2025 | 7 Min. read
blogimage

Interim Dividends

An interim dividend is a payment made by a company to its shareholders before the annual general meeting (AGM) and the final financial statements. Read more.

25 Mar, 2025 | 5 Min. read
blogimage

Sweep Account

A sweep account automatically transfers excess funds into interest-earning investments or pays off debts, optimizing cash management and liquidity

25 Mar, 2025 | 6 Min. read
blogimage

Shelf Prospectus

A shelf prospectus is a regulatory document submitted by companies, enabling them to issue securities to investors multiple times within its validity period.

25 Mar, 2025 | 5 Min. read
blogimage

Assessment Year and Financial Year

The Assessment Year (AY) follows the Financial Year (FY), both running from 1 April to 31 March. Discover their key differences with Bajaj Broking.

25 Mar, 2025 | 7 Min. read

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

9 lakh+ Users

icon-with-text

4.3+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4300+ Cr MTF Book

icon-with-text
Open Demat Account

TRENDING CALCULATORS AND STOCKS ON BAJAJ BROKING

Popular Stock

top-popular-on-bfsl

POPULAR STOCKS: Tata Motors Share Price Infosys Share Price IRFC Share Price SBI Card Share Price Cipla Share Price NBCC Share Price IDFC First Bank Share Price IRCTC Share Price PNB Share Price Zomato Share Price Vodafone Idea Share Price Axis Bank Share Price JSW Steel Share Price Bandhan Bank Share Price SBI Share Price Tata Steel Share Price ONGC Share Price Ashok Leyland Share Price Paytm Share Price Subex Share Price DLF Share Price Reliance Share Price HDFC Bank Share Price Suzlon Share Price IOC Share Price HUL Share Price Asian Paints Share Price Bank Of Baroda Share Price ITC Share Price TCS Share Price HFCL Share Price Icici Bank Share Price Tata Chemicals Share Price CDSI Share Price MRF Share Price Tata Power Share Price Adani Green share price BPCL Share Price Vedanta Share Price Dmart Share Price Hindalco Share Price LIC Share Price SAIL Share Price Adani Port Share Price IEX Share Price Nalco Share Price L&T Share Price Adani Power Share Price BHEL Share Price Bajaj Finance Share Price Canara Bank Share Price Indusind Bank Share Price Gail Share Price Yes Bank Share Price Wipro Share Price Happiest Minds Share Price Coal India Share Price Maruti Share Price Reliance Power Share Price

 

INDIAN INDICES: Nifty 50 Share Price SENSEX Share Price Nifty Next 50 Share Price BSE100 Share Price Nifty Bank Share Price LRGCAP Share Price Nifty 100 Share Price MIDCAP Share Price Nifty 200 Share Price SMLCAP Share Price Nifty 500 Share Price BSE500 Share Price Nifty Midcap 50 Share Price ALLCAP Share Price NIFTY SMLCAP 50 Share Price BSE200 Share Price India VIX Share Price BSEIPO Share Price

ATTENTION INVESTORS:

“Investments in securities market are subject to market risk, read all the scheme related documents carefully before investing."

"Prevent Unauthorized transactions in your Trading/Demat Account. Update your mobile numbers/email IDs with your stock brokers/Depository Participant. Receive alerts/information of your transaction/all debit and other important transactions in your Trading/ Demat Account directly from Exchange/CDSL/NSDL at the end of the day. Issued in the interest of investors."

" We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services."  

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"We understand that certain investment advisors may be approaching members of the public including our clients, representing that they are our partners, or representing that their investment advice is based on our research. Please note that we have not engaged any third parties to render any investment advisory services on our behalf nor are we providing any stock recommendations/tips/research report/advisory. Persons making investments on the basis of such advice may lose all or a part of their investments along with the fee paid to such unscrupulous persons. Please be cautious about any phone call that you may receive from persons representing to be such investment advisors, or a part of research firm offering advice on securities. Do not make payments through e-mail links, WhatsApp or SMS. Please do not share your personal or financial information with any person without proper verification. Always trade through a registered broker."

Bajaj Financial Securities Limited is a subsidiary of Bajaj Finance Limited and is a corporate trading and clearing member of Bombay Stock Exchange Ltd. (BSE)  and National Stock Exchange of India Ltd. (NSEIL), and also a Depository participant with National Securities Depository Ltd (“NSDL”) and Central Depository Services Ltd. (“CDSL”).

Bajaj Financial Securities Limited is engaged in the business of Stock Broking and as a Depository Participant.Bajaj Financial Securities Limited does not provide any advisory services to its clients. Bajaj Financial Securities Limited may share updates from time to time (through various electronic communication modes) which are sourced from public domain and the same are NOT to be construed as any advice or recommendation from Bajaj Financial Securities Limited. Client is requested to independently evaluate and/or consult their professional advisors before arriving at any conclusion to make any investment. The decision to invest shall be the sole responsibility of the Client and shall not hold Bajaj Financial Securities Limited, its employees and associates responsible for any losses, damages of any type whatsoever.

The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time.

The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.

Personal Loan, Fixed Deposit, EMI Card are provided by Bajaj Finance Limited. Bajaj Financial Securities Limited is only a distributor. These are not exchange traded products and all disputes with respect to the distribution activity, would not have access to exchange investor redressal forum or Arbitration mechanism.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

Please Note:

  1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020

  2. Update your mobile number & email ID with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

  3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

  4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 and BSE vide notice no. 20200731-7 dated July 31, 2020 and 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard.

  5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don'ts) in Vernacular Language: BSE | NSE

If the client wishes to revoke /cancel the EDIS mandate placed by them, they can write on email to connect@bajajbroking.in  or call on the toll free number.

Advisory for Investors : NSE | BSE

ADVISORY - KYC COMPLIANCE

ADVISORY – PRECAUTIONS FOR CLIENTS DEALING IN OPTIONS

We also do pro-account trading in Equity & Derivatives Segment.

Filling complaints on SCORES - Easy & Quick

A.  Register on SCORES portal B. Mandatory details for filling complaints on SCORES (i) Name, PAN, Address, Mobile Number, E-mail ID C. Benefits: (i) Effective Communication (ii) Speedy redressal of the grievances.

SEBI Registration No.: INZ000218931 | BSE Cash/CDS/F&O (Member ID: 6706) | NSE Cash/F&O/CDS (Member ID: 90177) | DP registration No : IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN – 163403 Research Analyst SEBI Registration No. INH000010043

Compliance officer:

Mr. Harinatha Reddy Muthumula
TEL: 020-48574486
Email: compliance_sec@bajajbroking.in, for any investor grievances write to compliance_sec@bajajbroking.in for DP related to Compliance_dp@bajajbroking.in .

DISCLAIMER

STANDARD DISCLAIMER

Investments in the securities market are subject to market risk, read all related documents carefully before investing.

Reg Office: Bajaj Auto Limited Complex, Mumbai –Pune Road Akurdi Pune 411035. Corporate Office: Bajaj Financial Securities Limited, 1st Floor, Mantri IT Park, Tower B, Unit No 9 & 10, Viman Nagar, Pune, Maharashtra 411014. SEBI Registration No.: INZ000218931 | BSE Cash/F&O/CDS (Member ID:6706) | NSE Cash/F&O/CDS (Member ID: 90177) | DP registration No: IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN –163403. 

Website: https://www.bajajbroking.in/

RESEARCH DISCLAIMER

Broking services offered by Bajaj Financial Securities Limited | Registered Office: Bajaj Auto Limited Complex , Mumbai –Pune Road Akurdi Pune 411035 | Corporate Office: Bajaj Financial Securities Limited, 1st Floor, Mantri IT Park, Tower B, Unit No 9 & 10, Viman Nagar, Pune, Maharashtra 411014 | CIN: U67120PN2010PLC136026 | Research Analyst SEB I Registration No: INH000010043.

Details of Compliance Officer: 

Mr. Harinatha Reddy Muthumula (For Broking/DP/Research)
Email: compliance_sec@bajajbroking.in
Contact No.: 020-4857 4486 

Investment in the securities involves risks, investor should consult his own advisors/consultant to determine the merits and risks of investment.

DISCLOSURES

Disclosures under the provisions of SEBI (Research Analysts) Regulations 2014 (Regulations) 

Bajaj Financial Securities Limited ("Bajaj Broking" or "Research Entity") is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry on the business of broking, depository services and related activities. There were no instances of non-compliance by Bajaj Financial Securities Limited on any matter related to the capital markets, resulting in significant and material disciplinary action during the last three years. This research report has been prepared and distributed byBajaj Financial Securities Limited in the capacity of a Research Analyst as per Regulation 22(1) of SEBI (Research Analysts) Regulations 2014 having SEBI Registration No. INH000010043. 

DISCLAIMER

This e-mail/ short message service (SMS) may contain confidential, proprietary or legally privileged information. It should not be used by anyone who is not the original intended recipient. If you have erroneously received this message, please delete it immediately and notify the sender. The recipient acknowledges thatBajaj Financial Securities Limited or its holding and/or associated companies, as the case may be, are unable to exercise control or ensure or guarantee the integrity of/over the contents of the information contained in e-mail /SMS transmissions and further acknowledges that any views expressed in this message are those of the individual sender and no binding nature of the message shall be implied or assumed unless the sender does so expressly with due authority of Bajaj Financial Securities Limited. This message is not intended as an offer or publication or solicitation for distribution for subscription of or purchase or sale of any securities or financial instrument(s) to anyone in whose jurisdiction such subscription etc. requires prior local regulatory clearance or is contrary to the local laws of the land in any manner or as an official confirmation of any transaction. Before opening any attachments, please check them for viruses and defects. 

This service / information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose unless otherwise expressly authorised. This service / information is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subjectBajaj Financial Securities Limited and affiliates/ group/holding companies to any registration or licensing requirements within such jurisdiction. The distribution of this document in certain jurisdictions may be restricted by law, and persons in whose possession this document comes, should inform themselves about and observe any such restrictions.  

The data would be provided to the clients on an "as is" and "where-is" basis, without any warranty. Bajaj Financial Securities Limited or its subsidiaries and associated companies shall not be liable for any delay or any other interruption which may occur in providing the data due to any reason including network (Internet) reasons or snags in the system, breakdown of the system or any other equipment, server breakdown, maintenance shutdown, breakdown of communication services or inability of the Bajaj Financial Securities Limited or its subsidiaries and associated companies to provide the data. In no event shall the Bajaj Financial Securities Limited or its holding and associated companies be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with the data provided by the Bajaj Financial Securities Limited or its holding and associated companies.

ADDITIONAL DISCLAIMER FOR U.S. PERSONS

Bajaj Financial Securities Limited is not a registered broker-dealer under the U.S. Securities Exchange Act of 1934, as amended (the"1934 act") and under applicable state laws in the United States. In addition, Bajaj Financial Securities Limited is not a registered investment adviser under the U.S. Investment Advisers Act of 1940, as amended (the "Advisers Act" and together with the 1934 Act, the "Acts), and under applicable state laws in the United States. Accordingly, in the absence of specific exemption under the Acts, any brokerage and investment services provided by Bajaj Financial Securities Limited, including the products and services described herein are not available to or intended for U.S. persons. This email message does not constitute an offer or invitation to purchase or subscribe for any securities or solicitation of any investments or investment services and/or shall not be considered as an advertisement tool. "U.S. Persons" are generally defined as a natural person, residing in the United States or any entity organized or incorporated under the laws of the United States. US Citizens living abroad may also be deemed "US Persons" under certain rules.  

ADDITIONAL DISCLAIMER FOR CANADIAN PERSONS

Bajaj Financial Securities Limited is not a registered adviser or dealer under applicable Canadian securities laws nor has it obtained an exemption from the adviser and/or dealer registration requirements under such law. Accordingly, any brokerage and investment services provided by Bajaj Financial Securities Limited, including the products and services described herein are not available to or intended for Canadian persons.  

This mailer and its respective contents do not constitute an offer or invitation to purchase or subscribe for any securities or solicitation of any investments or investment services.  

DISCLAIMER FOR REPORT

DISCLOSURES UNDER THE PROVISIONS OF SEBI (RESEARCH ANALYSTS) REGULATIONS 2014 (REGULATIONS)

Bajaj Financial Securities Limited ("Bajaj Broking" or "Research Entity") is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry on the business of broking, depository services and related activities.  

This Report has been prepared by Bajaj Financial Securities Limited in the capacity of a Research Analyst having SEBI Registration No. INH000010043 and distributed as per SEBI (Research Analysts) Regulations 2014. This report does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained herein is from publicly available data or other sources believed to be reliable. This report is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this report should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment. The investment discussed or views expressed may not be suitable for all investors.  

This information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject Bajaj Financial Securities Limited and associates / group companies to any registration or licensing requirements within such jurisdiction. The distribution of this report in certain jurisdictions may be restricted by law, and persons in whose possession this report comes, should observe, any such restrictions. The information given in this report is as of the date of this report and there can be no assurance that future results or events will be consistent with this information. This information is subject to change without any prior notice. Bajaj Financial Securities Limited reserves the right to make modifications and alterations to this statement as may be required from time to time. Bajaj Financial Securities Limited or any of its associates / group companies shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. Bajaj Financial Securities Limited is committed to providing independent and transparent recommendation to its clients. Neither Bajaj Financial Securities Limited nor any of its associates, group companies, directors, employees, agents or representatives shall be liable for any damages whether direct, indirect, special or consequential including loss of revenue or lost profits that may arise from or in connection with the use of the information. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. Past performance is not necessarily a guide to future performance .The disclosures of interest statements incorporated in this report are provided solely to enhance the transparency and should not be treated as endorsement of the views expressed in the report. The information provided in these reports remains, unless otherwise stated, the copyright of Bajaj Financial Securities Limited. All layout, design, original artwork, concepts and other Intellectual Properties, remains the property and copyright of Bajaj Financial Securities Limited and may not be used in any form or for any purpose whatsoever by any party without the express written permission of the copyright holders.  

We offer our research services to clients as well as our prospects. Though this report is disseminated to all the customers simultaneously, not all customers may receive this report at the same time. We will not treat recipients as customers by virtue of their receiving this report.  

Bajaj Financial Securities Limited and its associates, officer, directors, and employees, research analyst (including relatives) worldwide may: (a) from time to time, have long or short positions in, and buy or sell the securities thereof, of company(ies), mentioned herein or (b) be engaged in any other transaction involving such securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the subject company/company(ies) discussed herein or act as advisor or lender/borrower to such company(ies) or have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance. Bajaj Financial Securities Limited may have proprietary long/short position in the above-mentioned scrip(s) and therefore should be considered as interested. The views provided herein are general in nature and do not consider risk appetite or investment objective of any particular investor; readers are requested to take independent professional advice before investing. This should not be construed as invitation or solicitation to do business with Bajaj Financial Securities Limited.  

Bajaj Financial Securities Limited or its associates may have received compensation from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have managed or co-managed public offering of securities for the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have received compensation for investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates have not received any compensation or other benefits from the Subject Company or third party in connection with the research report. Research analyst or his/her relative or Bajaj Financial Securities Limited’s associates may have financial interest in the subject company. Bajaj Financial Securities Limited, its associates, research analyst and his/her relative may have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance.  

Research analyst has served as an officer, director or employee of subject Company: No  

Bajaj Financial Securities Limited has financial interest in the subject companies: No  

Bajaj Financial Securities Limited’s Associates may have actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report.  

Research analyst or his/her relative has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Bajaj Financial Securities Limited has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Subject company may have been client during twelve months preceding the date of distribution of the research report.  

There were no instances of non-compliance by Bajaj Financial Securities Limited on any matter related to the capital markets, resulting in significant and material disciplinary action during the last three years. A graph of daily closing prices of the securities is also available at https://www.nseindia.com/

ANALYST CERTIFICATION

The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed in this report.  

RISK DISCLOSURE ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

BROKERAGE DISCLAIMER

All leveraged intraday positions will be squared off on the same day. There is no restriction on the withdrawal of the unutilised margin amount. Brokerage will not exceed the SEBI prescribed limit. Visit : https://www.bajajbroking.in/pricing

MTF 

As subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017, and the terms and conditions mentioned in the lights and obligations statement issued by the TM (if applicable).  

US INVESTING

International investment is not supervised by any regulatory body in India. Thus, any claim or dispute relating to such investment or enforcement of any agreement/contract /claim will not be under laws and regulations of the recognized stock exchanges and investor protection under Indian Securities Law. The account opening process will be carried out on Vested platform and Bajaj Financial Securities Limited will not have any role in it.  

MARKETSMITH / GOLDENPI / SOVEREIGN GOLD BONDS

Bajaj Financial Securities Limited is only distributor of this product. These are not exchange traded products and all disputes with respect to the distribution activity, would not have access to exchange investor redressal forum or Arbitration mechanism. Bajaj Financial Securities Limited is not a registered Investment Advisory. User discretion is required before investing. Client is requested to independently evaluate and/or consult their professional advisors before arriving at any conclusion to make any investment. The decision to invest shall be the sole responsibility of the Client and shall not hold Bajaj Financial Securities Limited, its employees and associates responsible for any losses, damages of any type whatsoever. 

IPO 

This should not be construed as soliciting investment. Investors’ discretion is required. Kindly consult your financial expert before investing. No need to issue cheques by investors while subscribing to IPO. Investments in securities markets are subject to market risks, read all the related documents carefully before investing.  

SCREENERS 

Screeners is not Exchange-approved products and any disputes related to the same will not be dealt on the Exchange platform. 

SECURITIES 

Securities quoted are exemplary and not recommendatory. 

IPV 

Account would be open after all procedure relating to IPV and client due diligence is completed. 

IMAGES 

The images used are only for representation purpose. Proper due diligence has been done for the images and the image is not of any artist. The same is captured from royalty free sites. 

DISCLOSURE TO CLIENTS REGARDING PAYOUT OF FUNDS

As per SEBI circular no. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/84 dated June 08, 2023, Stockbrokers are required to upstream the entire client funds lying with them to the Clearing Corporation. Based on client’s request the funds’ release request must be placed with the Clearing Corporation. Based on the internal process and cut-off timelines of the Clearing Corporation the funds will be released to the Stock Broker. In view of this new process, as specified by the regulatory and the cut-off time of Clearing Corporation/Banks processing the funds, Bajaj Financial Securities Limited cannot commit the exact time for releasing funds payout to its client. Clients are requested to note that, Bajaj Financial Securities Limited will not be responsible for any inconvenience caused to clients due to delay in release of funds payout, including fines, delayed charges, defaults, etc.