Fixed Deposit is an easiest and oldest product in financial market. We recall the days, when we ourselves or our parents were used to visit the bank branches to park their saving in FD accounts to earn better rate of interest. The same practice is still being adopted by majority of investors even today. Now-a-days most [...]
Earning money is what anyone can do but it takes a smart brain to save it. Rather than compromising the desires, one should take a more simpler way, that is through tax saving deductions to reduce the tax burden. Tax planning is what needed to be considered before the beginning of the financial year but [...]
Year 2016, might have been good for the common masses. But with the year end, on November 8, the Demonetisation Drive led by 'Nammo' Team shook the entire nation off their sanity. Master Stroke- They said! From handlooms to textile industries, from small scale industries to large manufacturers, the entire nation witnessed the 'Biggest Buzz' [...]
How can Equity Investment can save your Income tax with Good Return ? The investment domain is generally divided into two portions; long term and short term investment. Both the terms are self explanatory by the fact that they are distinguished by the extent of time by which the investment is done. Long term investment [...]
Sukanya Samriddhi Yojana- Scheme that you can use! There has been applause worthy response from the administrative strata of India regarding the upliftment and empowerment of women. There has been a string of government-backed schemes that have been launched in order to create awareness about the need for improving the social as well as the [...]
31st March is down the line, which tax saving investment instrument should I be opt for, is NPS a good investment?
Let’s compare the popular modes of tax saving investments Tax saving mutual funds (ELSS) National Pension Scheme (NPS) Guaranteed returns plans like Bank FDs, PPF, NSCs Returns in long term: ELSS schemes invest in equity markets while in NPS one has option to choose between Equity, Debt and government securities. One may assume similar [...]