In India, Employee Provident Fund (EPF), commonly known as PF, is one of the best TAX-FREE debt investments for retirement. Learn more about PFs from the expert – Mimi Parthasarathy, Managing Director, Sinhasi Consultants Pvt Ltd.
While a Savings Account and term deposits can provide reasonable interest on investment, nothing can be compared to the high value of returns coupled with tax benefits offered by Mutual Funds. Read on to know more.
The sooner you start your investment and tax planning, the better! Now’s a good time as the financial year has just begun. Here’s an overview of some great tax saving options for you.
Turning 30 is an important milestone in everyone’s lives. One way to be ready to meet this milestone is to ensure that you face no trouble financially. There are certain financial goals that you need to pursue much before you blow out the candles on that cake. Here are some financial goals that every individual should accomplish before they turn 30.
There is a view that sovereign gold bonds will adversely affect the growth trajectory of gold exchange-traded funds (open-ended funds traded on stock exchanges) in India. While it is premature to arrive at such a conclusion, the fears are not entirely unfounded, according to some analysts. Before any opinions are formed, however, it would do well to understand the significant differences between bonds and ETFs.
Making investments offers two compelling benefits. It financially secures your future and helps lower tax liability. If you are a salaried employee, your employer would have asked you to submit investments proofs around December-January. In case you did not submit proofs then, extra tax will be deducted from your salary before the end of the financial year on March 31st. But don’t worry, here’s what you can do.
Buying a house with Home Loan financing is common practice these days. Not only does it provide you with funds to buy your house, it also helps you saves on your Income Tax. If you are planning to apply for a Home Loan to buy a new house, here’s some information on the tax benefits you are eligible for.
If you’ve been planning a vacation, you’ve been looking at a lot of different travel packages. And every different type of package give you different amounts of add ons. Similarly, investing in property gives you different tax add ons based on your situation. Here’s Anuj, just another Indian who thinks real estate is one of… Read More »
India Gate in Delhi and the Gateway of India in Mumbai get visited by almost every tourist in the city. But, they miss out on great sights and good food when they concentrate only on the popular spot. Similarly, when it comes to tax strategies and tax savings instruments for most of us are centred… Read More »
When Frank Sinatra sang ‘Fly me to the moon…’ he probably wasn’t thinking that we humans would actually make living on the moon possible. Although that plan is for a couple of years away, you could always start saving up to make it to the moon. Tax saving investment plans could just be the… Read More »