Category Archives: Section 80 C

Top 5 Tax Saving Investment Plans

  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 »

5 No-brainers Before You Take Insurance

Choosing an insurance plan is like ordering with friends at a restaurant – the most popular person’s choice prevails.You perhaps do your own research, but end up choosing a plan that your friend has purchased. Does this sound like you? Well, it’s a golden rule of investing that what’s good for your friend may not… Read More »

6 Infuriating Tax Queries Answered

We are all usually surrounded by lot of questions related to investments, taxation, finance etc. In this article, we have handpicked 6 questions which are important and applicable to most of us. 1. How are tax rebates calculated for early payment of a home loan? Those who have availed a home loan usually have this… Read More »

Tax Implications on your Groovy Second Home

Humankind has spread its wings and made the moon its second home. While there are no tax implications of that (not yet at least!) there certainly are tax implications on your second home here on earth. We unlock the tax dreadlock for you. Tax implications for multiple properties Before getting into the details of tax… Read More »

Tax Implications on Life Insurance

Whether you are planning on buying a house, embarking on a new career path or just drawing lines for your children’s future, this hoary advice rings your ears: “Do your best, but be prepared for the worst.” Of course, you have paid heed to it and that’s the reason why you have bought insurance policies. You… Read More »

ELSS Funds In 2015

In the movie ‘After Earth’, Will Smith’s son Jaden Smith (playing the character Kitai) jumps off a mountain cliff just to reach his destination in a fraction of the time it would have taken if he had climbed down the mountain. And yes, he lands in one piece. What wouldn’t you give to similarly accelerate… Read More »

3 easy ways to beat the tax deadline

Some habits die hard. One such habit is jumping out of your seat when you get a rude shock. Jeevan, a senior editor with a media group, did just that – jump out of his seat – when he received a call from the accounts department telling him that he would receive only 40% of… Read More »

The little-known secret of how metros buy insurance

Insurance sales start surging in January of every year and peaks in March. So, are more accidents happening during this period? More people getting hospitalized? Or, a sudden realization in the new year that one needs life cover? It’s Option D – none of the above. The reason is painfully simple – tax saving! So,… Read More »

7 helpful tips to choose the best Health Insurance Plan

Talk about making someone look cheap. It’s no secret that specialty hospitals today charge room tariffs that can make 5-star hotel properties look like budget hotels in comparison! And, God forbid if a small surgery is involved. Your purse will feel lighter by a neat lakh or two in medical expenses. Medical bills have skyrocketed… Read More »