Stock Indices And Top Mutual Funds Along With Bollywood News By: Sourav Sharma | - What investors in the Indian stock market can"t compromise missing is news on the market including stock indices, commodity indices, currencies, mutual funds, and other investment options. While lakhs of investors put in money on NSE nifty stocks, an equal number of people invest in BSE stocks as well. But not all investors can expect similar results. It all depends on how the stocks are chosen. A blend of market news updation, use of investment tools like fundamental analysis and stock te ... Tags:NSE, NIFTY, bollywood news, top mutual funds, stock indices
How To Save Income Tax? By: jacksup | - Section 80C Deductions
Under Section 80C of the Income Tax Act, certain investments and expenditures are allowed up to a maximum of Rs. 1, 00,000 which can be a combination of the following:
Contribution to Provident Fund or Public Provident Fund. This is a long term investment. The return percentage of PPF compounded annually is 8.5 percent. The complete withdrawal is possible after 15 years; however partial withdrawal can be made after 5 years.
Eight Simple Way To Plan Your Tax By: Ram | - 1)Proper Allocation of Annual compensation
Restructuring your salary with some additional components can reduce your tax liability. This restructuring doesnt require any additional cash outflow. The following components can be efficiently used to reduce your income tax liability.
Transport allowance to the extend of Rs.800 is exempt
Medical expenses which are reimbursed by the employer are exempt to the tune of Rs.15000
Food coupons like sodexo or t ... Tags:Tax planning
News That Matter To You And Investment Options By: Sourav Sharma | - Panel taking most babus out of Lokpal (a reverse gear); 'Karachi Project' to figure in NIA's charges; India snubbing US and Australia move to check China; no rollback on FDI, but no rollout soon; air travel getting costlier owing to rise in air-fuel these are India top news at the moment (December 2). India top news also encompasses the rise in value of most BSE sensex and NSE nifty stocks leading to most listed companies exhibit good gains. For India top news on more topics, visit a news po ... Tags:India top news, Finance News India, top mutual funds, NSE
A Mutual Fund ELSS is similar to diversified equity funds. That means the fund manager can invest in shares of various companies across various industries. The difference is ELSS has got the added tax benefit, something a diversified equity fund does not offer.
ELSS is part of the Section 80C instruments which are cumulatively eligible for a deduction from inc ... Tags:ELSS
A Step By Step Guide To First Financial Plan By: Ram | - Get a PAN Card:
PAN Card is an ID card issued by income tax department. This card is useful in filing your Income Tax returns. Apart from this, the PAN card is very much useful in opening a bank a\c, demat a\c, investing in mutual funds and the like. The required documents for getting a PAN card is a passport size photo, address proof and an identification proof. You need to apply with either UTI or NSDL. They are the two approved agencies by income tax department for issuing PAN card.
Miscellaneous Market India News "€" Diverse Investments By: Sourav Sharma | - The world of investment is a world of diversity in the true sense of the term. You have assorted platforms where you can invest and spread your money stock markets, commodity market, mutual funds, forex trading, and what not. If you think you can do away with risks, it is an impossibility! Yet, there are investors who sail against the volatility storm by getting themselves involved in thorough research, staying updated with latest stock markets statistics, commodity prices, best mutual funds ... Tags:stock markets, NSE Nifty, india news, best mutual funds, bse metal, commodity prices
From The Tax Angle By: olm | - The primary reason why one saves through mutual funds (MFs) is that they are simple, low-cost financial products with returns linked to the market, thereby providing an opportunity to generate high inflation-adjusted returns. The fact that these returns, across various stages of investment, could also be tax-efficient is an icing on the cake. Investments made in MFs enjoy, among others, three distinct tax advantages: tax deduction allowed on the investment made in certain schemes; capital gains ... Tags:banking money, finance planning
Why Should You Invest In A Mutual Fund? By: VivekSeo | - Indian mutual fund industry has seen a significant growth since it evolved in 1963. Today, it is the best channel for indirect investment into the equity market. It is not only favoured by retail investors but by institutional investors too!
Here are some few top reasons why you should invest in this investment vehicle.
Diversification: You can invest in hundreds of stocks across sectors by buying a Mutual Fund. Thus you can diversify your portfolio and gain exposure to different sto ... Tags:Mutual funds, Indian mutual fund, Best mutual fund.
Sunset Clause - No More Equity-linked Saving Schemes Under 80c By: Anjali Shukla | - The taxpayers affair with tax saving funds, better known as Equity Linked Saving Schemes (ELSS) has come to an abrupt end after a brief stint. The new Direct Tax Code (DTC), which has now been presented to the standing committee of the Parliament, has trimmed the number of instruments under which the taxpayers took refuge to avoid tax.
Under the DTC, 80c benefits will be limited only to term insurance, Provident Fund (PF), Public Provident Fund (PPF) and the New Pension System (N ... Tags:Direct Tax Code, DTC, Equity Linked Saving Schemes, ELSS, PF
Common Investment Dilemmas By: vishal | - Getting into a dilemma while investing is a common phenomenon. It usually happens when investors are indecisive about two seemingly similar situations or investment avenues. If the dilemmas are not tackled early on, it could lead to a flawed investment decision, which can be disastrous for your finances.
These dilemmas are usually a result of the lack of knowledge among investors about various investment options. This leads to confusion about which investment option is most suitable ... Tags:common investment, investment dilemmas, common investment dile
Surprised to read about tax-planning in the month of April? Isn't tax-planning supposed to be an 'end of the financial year' exercise? Well, the answer is no! Tax-planning isn't an activity to be conducted in a rushed manner at the end of the year. Simply because, it forms an integral part of your financial planning activity. Tax-planning is as much about contributing to your financial goals as it is about reducing your tax liability. So, the right time to start thinking about tax- ... Tags:Tax plnning, tax saving, small savings, investment planning
Elss & Nsc Investing By: David | -
People do invest their savings for the sake of getting tax rebates. One of the most popular format of savings and investment in India is NSC (National Savings Certificate). It gives the tax rebate to the investor under s/c 80C on Indian Indian Income Tax act. The same tax benefit is given by another new investment option better known as ELSS (Equity Linked Savings Scheme). In terms of security of capital and assurance of returns NSC will be a better investment option. But in terms of retu ... Tags:elss, nsc, investing
Understanding Tax Mutual Funds Investments By: Ryan G | - Mutual Fund is basically a trust which through its various schemes safeguards the investments of small and big investors. Every scheme of each of these mutual funds has different terms and conditions. By nature mutual funds are not tax saving instruments. However, investment products in these funds may offer tax savings.
ELSS schemes which are commonly known as tax mutual fund is a category where equity and equity related instruments are invested. Investment up to 1 lakh is tax exe ... Tags:tax mutual funds, mutual fund investments, mutual funds
Best Investment Plans By: vivek | - Before going to discuss about Investment we have to understand the present situation of the economy i.e. a downtrend economy. An economic downturn is a phase of the business cycle in which the economy as a whole is in decline. This phase basically marks the end of the period of growth in the business cycle. Economic downturns are characterized by decreased levels of consumer purchases (especially of durable goods) and, subsequently, reduced levels of production by businesses.
While economi ... Tags:Best Investment Plans
Utilize Your Money With Efficient Tax Planning Options By: Aditi | - One of the prime concerns of the salaried and corporates is the taxation procedure. However, one cannot completely avoid this liability, through several deductions and exemption policies by the Indian Income Tax Act or the Section 80C or 80D can help you to lessen the taxable amount and carry on with some savings. The tax planning and Investment options under Section 80C and 80D is very popular among the Indian masses as it encourages to have monthly savings from their monthly income. Section 80 ... Tags:income tax, insurance, mutual fund, finance, india
India Tax Saver Funds By: Tax Savers | - With the financial year moving towards the end, all the tax payers get prepared to file their Income Tax returns. A few investments under India Tax saver funds are the investments which lower down the tax payable amount of the tax payers. In India there are number of tax saver funds, however an individual needs to pick one which suits his requirements the best. Indian tax saver funds have the potential to come out as a major force in the tax-saving space.
Save Tax, Make Money By: Tax Savers | - Everybody likes to make money. And what could be a better way than making it through savings. The Income Tax Act allows every individual to save his had-earned money while filing his income tax return under section 80. There are various ways to save youre your money by investing in plenty of tax saver funds and insurance policies. An investment in certain mutual funds also increases your money growth by more than 50 percent in a short span of time. The tax benefit under Section 80 of the Inco ... Tags:Tax Savers, Tax Saver fund, hdfc Tax Saver
Pension Plans With Mutual Fund Investments. By: ryan crown | - Pension Plan helps the average investor to accumulate wealth over the period in order to meet his/her expenses after retirement. Usually it is the insurance companies that draw customers with the array of pension plans that they provide, but the lesser known fact is that Mutual Fund also manages pension products. Currently only one private sector mutual fund has a pension plan catering to the investor and there is more than one reason for you to look at this plan seriously. The Plan is none othe ... Tags:Pension Plan, Pension Fund, Tax Saving Mutual Fund, Tax Saving, Mutual Fund Investments
Elss Secret Of Tax Saving With Mutual Fund Investments. By: ryan crown | - As the name suggests ELSS (equity linked savings scheme), invests primarily in equity shares of companies. As per financial regulations, the scheme Fund manager has to invest 80% of the total amount in the equity shares and the remaining 20% per cent can be invested in other instruments like bonds, debentures, government securities and others. When you invest in ELSS your money is locked for a period of three years (minimum). Once you invest in tax saver funds you cannot withdraw the amount for ... Tags:ELSS, tax saving, tax, mutual fund investment, mutual funds
