Investing in gold in our country is very much popular. Whether the educated service person receives bonuses in the office or income from a farmer’s crop. Gold is chosen for investment. Gold is always considered a risk-free investment. Often in India, the household gold continues to the generation and never sold. But whenever there is …
ELSS or Equity Linked Savings Scheme is also called First Mutual Fund Scheme. Because most investors like to invest in mutual funds only under ELSS. You can decrease your tax deduction by investing in ELSS, under Section 80C of the Income Tax Section, up to 1.5 lakh rupees annually. It has been observed that many …
ELSS vs Other Government Proposed Tax Saving Option Read More »
Tax planning is one of the major tasks for some people. They were at various stages of tax planning at any point in the financial year. Some people want to invest as soon as possible and some people are looking for a very good tax savings option and some people want to know about the …
What is SIP (Systematic Investment Plan)? For those who do not have much information about the stock market or share market, investing through SIP is a better way to reduce the risk of the investor. SIP is a method of investment and savings under which any investor keeps investing in a fixed amount in their …
Nowadays our television screens are flooded with mutual fund advertisements. Everybody wants to know about it. As I have discussed the mutual fund in my recent article about what is a mutual fund and its type. Today I am going to discuss various points about how to purchase a mutual fund and how to invest …
The Indian post office provides you various options for your saving. One of the best options for all classes of people in the post office recurring deposit plan. The post office recurring deposit is a recurring deposit account, for adding small savings every month. This small saving is converted into a large amount of money …
Save Tax: Everyone earns money by working hard, but when this money is deducted from your salaries at the end of the year in the form of tax. This is the most painful moment. Everyone wants to reduce their taxes at least, but taxpayers often do not have enough information about other options. Apart from …