What are the Limitations of Section 80C?
Section 80C of the Income Tax Act is a popular tax-saving provision in India. It allows individuals to deduct a specific amount from their taxable… Read More »What are the Limitations of Section 80C?
Section 80C of the Income Tax Act is a popular tax-saving provision in India. It allows individuals to deduct a specific amount from their taxable… Read More »What are the Limitations of Section 80C?
For most salaried individuals, tax season brings a mix of dread and relief. While the thought of that sweet tax refund is nice, the process… Read More »How to Structure Your Salary for Tax Efficiency?
If your family is investing with a common plan, then 3 or 4 mutual funds are enough to diversify your risk across fund houses. Assuming… Read More »Should members of the family invest in different ELSS mutual funds for tax saving or invest in the same 3 or 4 mutual funds similar to others?
You may consider National Pension Scheme (NPS) only for Section 80 CCD where Rs 50,000 investment is given additional tax benefit. Beyond that it doesn’t… Read More »Is it good to go for NPS if we exhaust Section 80C as compared to investing in a mutual fund non-ELSS?
ELSS Funds help in saving tax and building wealth for the long run. The section 80C benefit can give savings upto Rs 46,350 depending on… Read More »What is the best ELSS fund for 2018?
ELSS is a great way to invest in Mutual funds and get the income tax benefit upto Rs 46,350. When you invest only Direct Plan ELSS Mutual… Read More »What are the best ELSS mutual funds to cover under section 80C? Is it wise to invest Rs.3000/ in SIP in top 2 funds (3000 each)?
There is no doubt that an ELSS Mutual Fund is much better than an insurance policy. Let me cite the two major reasons here: Insurance… Read More »Is ELSS a better investment than LIC?
The first thing to know about investments is to avoid any plans that are linked with insurance. The reason is high commissions, and poor returns. Therefore… Read More »What are some best mutual funds/tax saving investment plans with maximum return? Does Bajaj Allianz goal assure any good?
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