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Best Mutual Funds to Invest in 2018

Mutual Funds

Mutual funds are the fastest-emerging and the safest investment instrument for the long-term wealth creation. For the first-time investor who wants to get exposure in equity markets, it would be advisable to invest through Systematic Investment Plan (SIP) rather than invest… Continue Reading

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7 Avenues to save tax under Section 80C

7 avenues

Tax saving investments made during a financial year can be claimed as the deduction under Section 80C for that financial year. In this article, we are discussing 7 avenues to save tax under Section 80C of the Income Tax Act.… Continue Reading

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Post Office Tax Saving Investment Schemes

Post Office

Post Office Savings Schemes offers Savings Account Recurring Deposit (RD) Account Time Deposit (TD) Account Monthly Income Scheme (MIS) Account Public Provident Fund (PPF) Account National Savings Certificates (NSC) Senior Citizen Savings Scheme (SCSS) Account Kisan Vikas Patra (KVP) and… Continue Reading

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Best Balanced Mutual Funds to Invest in 2018

Balanced Mutual Funds

Balanced mutual funds can be equity oriented or debt oriented hybrid funds. If the average equity exposure of balanced fund is more than 60% and the remaining 40% is debt products then it is treated as Equity Oriented Balanced Fund. This… Continue Reading

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Best ELSS Tax Saving Mutual Funds to Invest in 2018

ELSS Tax Saving

Equity Linked Savings Scheme (ELSS) is a diversified equity mutual fund, which is qualified for deduction of ₹ 1, 50,000 under section 80C of the Income Tax Act. The ELSS tax saving fund has the shortest lock-in period to compare… Continue Reading

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Best Mutual Funds to Invest in 2017

Mutual Funds

Thousands of mutual funds are currently available in the market. Choosing best mutual funds is a challenging task for any investor. A good mutual fund is the one that consistently manages to outperform its category return and its benchmark. Mutual… Continue Reading

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How to Pick a Mutual Fund

Mutual Fund

Many investors try to pick the mutual fund based solely on the fund’s past performance. However, the advertised stellar performance is not a guarantee of future success, especially when it comes to relatively new or small funds. When you pick a… Continue Reading

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Form 15G and Form 15H to Save TDS on Interest Income

Form 15G and Form 15H are self-declaration forms required to be furnished by the assessee to the bank. Bank will deduct TDS when the interest income is more than ₹10,000.00 in a year. You can submit Form 15G or Form… Continue Reading

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Start Your Tax Planning Early

Tax Planning We often make the mistake of investing at the last hour when our company asks for proof. Don’t delay it, start tax planning now. Early tax planning will also ensure that you fully acknowledge and understand your financial situation,… Continue Reading

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Best 5 Tax Saving Investments

Tax Saving Investments

Tax Saving Investments Investments in tax saving investments can claim deductions under section 80C of income Tax Act 1961. The maximum deduction is allowable under this section is ₹150,000.00. If you are investing in following investments, you can claim deductions… Continue Reading

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Deduction 80D: Tax Benefits on Health Insurance

Health insurance policy not only gives insurance cover to a taxpayer but also provides certain tax benefits. Health insurance or Medi-claim policy is a must for all because should you fall sick or meet with an accident, your medical bills… Continue Reading

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ELSS – Save Tax & Earn Higher Return

ELSS – Equity Linked Savings Scheme is a diversified equity mutual fund which has a majority of the corpus invested in equities. This type of mutual fund has a lock-in period of 3 years. This means if you start a… Continue Reading