# How do you save taxes through investing? 🤔

**URL:** <https://community.jupiter.money/t/how-do-you-save-taxes-through-investing/20318>\
**Category:** My Finance\
**Created:** [23 March 2022 12:49 UTC](https://community.jupiter.money/t/how-do-you-save-taxes-through-investing/20318 "2022-03-23T12:49:01Z")\
**Posts on this page:** 11\
**Page:** 1

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**Author:** ![Shawnpinto](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/shawnpinto/32/7656_2.png) [@Shawnpinto](https://community.jupiter.money/u/Shawnpinto)\
**Post date:** [23 March 2022 12:49 UTC](https://community.jupiter.money/t/how-do-you-save-taxes-through-investing/20318/1 "2022-03-23T12:49:01Z")

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Hey everyone!

In the beginning, how did you decide which tax saving scheme to go for and how much to invest in it? 🤔

Would love to hear your personal experiences in the comments below. This will help us create the best investment experience for you in the future 😁

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**Author:** ![Rajibul76](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/rajibul76/32/5504_2.png) [@Rajibul76](https://community.jupiter.money/u/Rajibul76)\
**Post date:** [23 March 2022 15:12 UTC](https://community.jupiter.money/t/how-do-you-save-taxes-through-investing/20318/2 "2022-03-23T15:12:55Z")

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I’m Invest my money on our store way Transaction & Apps & Games,  
And everyone is doing the same.

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**Author:** ![harpreetvishnoi](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/harpreetvishnoi/32/5650_2.png) [@harpreetvishnoi](https://community.jupiter.money/u/harpreetvishnoi)\
**Post date:** [25 March 2022 04:48 UTC](https://community.jupiter.money/t/how-do-you-save-taxes-through-investing/20318/3 "2022-03-25T04:48:34Z")

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I have Employee Provident Fund from company + 2 ELSS tax saving mutual funds where I invest.

I put 6K per ELSS mutual fund per month in it. So, I get total tax break on 1.5 Lakh each year.

Since, money in ELSS grows at 15% pa plus the tax break. I am really happy about this investment. 😄

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**Author:** ![nishesh](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/nishesh/32/5133_2.png) [@nishesh](https://community.jupiter.money/u/nishesh)\
**Post date:** [26 March 2022 07:08 UTC](https://community.jupiter.money/t/how-do-you-save-taxes-through-investing/20318/4 "2022-03-26T07:08:51Z")

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Company decided for me I guess ? Employee provident fund already reached the 1.5 lakh limit.

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**Author:** ![harpreetvishnoi](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/harpreetvishnoi/32/5650_2.png) [@harpreetvishnoi](https://community.jupiter.money/u/harpreetvishnoi)\
**Post date:** [29 March 2022 04:25 UTC](https://community.jupiter.money/t/how-do-you-save-taxes-through-investing/20318/5 "2022-03-29T04:25:12Z")

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That automatically solves the 80C tax investment bracket 😅

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**Author:** ![thekumarpraveen](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/thekumarpraveen/32/6083_2.png) [@thekumarpraveen](https://community.jupiter.money/u/thekumarpraveen)\
**Post date:** [29 March 2022 08:40 UTC](https://community.jupiter.money/t/how-do-you-save-taxes-through-investing/20318/6 "2022-03-29T08:40:56Z")

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I first opened PPF account and then invested in ELSS mutual funds. Wanted to also invest in NSC scheme but the extensive offline documentation work is one big hurdle.

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**Author:** ![Debosmit\_Majumder](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/debosmit_majumder/32/3100_2.png) [@Debosmit\_Majumder](https://community.jupiter.money/u/Debosmit_Majumder)\
**Post date:** [2 April 2022 01:59 UTC](https://community.jupiter.money/t/how-do-you-save-taxes-through-investing/20318/7 "2022-04-02T01:59:46Z")

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I sell the stocks on which I made a loss on 31st March and buy them back at 2nd April. That way I can show an incur of net loss. This is called Tax Loss Harvesting.

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**Author:** ![Shawnpinto](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/shawnpinto/32/7656_2.png) [@Shawnpinto](https://community.jupiter.money/u/Shawnpinto)\
**Post date:** [5 May 2022 14:27 UTC](https://community.jupiter.money/t/how-do-you-save-taxes-through-investing/20318/10 "2022-05-05T14:27:57Z")

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@here  
If you’re new to saving taxes, here’s a quick guide - [How to Save Income Tax | Tax Saving Schemes | Jupiter](https://community.jupiter.money/t/how-to-save-income-tax-tax-saving-schemes-jupiter/14270)

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**Author:** ![Utkarsh\_Singh](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/utkarsh_singh/32/7359_2.png) [@Utkarsh\_Singh](https://community.jupiter.money/u/Utkarsh_Singh)\
**Post date:** [15 May 2022 13:49 UTC](https://community.jupiter.money/t/how-do-you-save-taxes-through-investing/20318/11 "2022-05-15T13:49:17Z")

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umm…when you don’t earn a penny but here hoping that jupiter might include “you” in its jupiter-verse.

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**Author:** ![Shawnpinto](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/shawnpinto/32/7656_2.png) [@Shawnpinto](https://community.jupiter.money/u/Shawnpinto)\
**Post date:** [16 May 2022 03:49 UTC](https://community.jupiter.money/t/how-do-you-save-taxes-through-investing/20318/12 "2022-05-16T03:49:07Z")

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@Utkarsh_Singh And save along the way!

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**Author:** ![Utkarsh\_Singh](https://sea2.discourse-cdn.com/flex020/user_avatar/community.jupiter.money/utkarsh_singh/32/7359_2.png) [@Utkarsh\_Singh](https://community.jupiter.money/u/Utkarsh_Singh)\
**Post date:** [17 May 2022 03:25 UTC](https://community.jupiter.money/t/how-do-you-save-taxes-through-investing/20318/13 "2022-05-17T03:25:31Z")

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when you don’t earn , how to save sir?😊
