An Equity Linked Saving Scheme is a diversified equity mutual fund that gives you the dual benefit of tax savings with the growth potential of equities. The Income Tax Act, under section 80c, allows taxpayers to invest up to INR… Continue Reading →
Most of us start searching for tax savings options much later in the year, in fact, closer to the financial year-end. Please note that this is not a great way to maximize your benefits from various tax savings instruments. The… Continue Reading →
Be it lowering tax rates to making tax reforms, the government in the Union Budget 2020 came up with some interesting proposals that could provide individual taxpayers with the much required relief. However, as expected, the taxpayers need to be… Continue Reading →
Investing in mutual funds has gained immense popularity over the past decade or so. The SIP route for investment in MFs has made it comfortable and easy for us to explore this asset class. The additional benefit you get from… Continue Reading →
Did you know that tax savings and investment can go hand-in-glove in India? In fact, today, you can subscribe to most tax savings plans online. The Income Tax Act of India allows you to invest in many tax savings plans…. Continue Reading →
Most of us are aware of SIP method of investing in mutual funds and its benefits. Mutual Fund SIPs help you invest small sums of money regularly every month. The best part is that you can start investing in ELSS… Continue Reading →
Whenever most of us look for tax savings options during the time the taxman knocks our door, we tend to wittingly or unwittingly ignore ELSS as a tax savings instrument. Equity Linked Savings Scheme (ELSS) is a diversified equity mutual… Continue Reading →
In this article, we are going to talk about the following easy tax saving tips that you might not be aware of. You can gift money to your major children One of the best ways to save taxes is by… Continue Reading →
It is that time of the year when all eyes will be searching for investment options for tax savings. Nobody would want to pay more tax. It would be safe to presume that the story can’t be too different for… Continue Reading →
NFOs are mutual funds that are into the business of managing your money. A fund manager of an asset management company keeps a constant eye on the equity markets, debt markets, real estate, currencies, gold, and commodities. The idea behind… Continue Reading →
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