Tax season is going on and you want to finalize your investments to save tax. Investment decisions are based on three important consideration viz. Return, risk, and liquidity. Saving taxes can also be included in the return. Out of three only first two qualify for tax deduction under Section 80C and 80 CCD of Income … Read more
PPF is one of the oldest and most popular investment instrument in India. It is also one of the favorite investment options for the salaried people as they get the tax benefit. The rate of return is 8% which is higher than the rate of bank fix deposits. Today we will discuss various PPF account … Read more
There are various government saving schemes available in India that individuals can invest in to save for their future financial needs. Some of the popular government saving schemes in India include: These are some of the popular government saving schemes available in India. It is important to understand the terms and conditions of each scheme … Read more
In this article we will discuss about PPF vs Mutual Fund and which one is better for you for long term investment and tax saving purpose. Both are used as long term saving option in India. What is PPF? PPF stands for Public Provident Fund, which is a popular long-term savings and investment scheme in … Read more
PPF – Public Provident Fund Public provident fund – PPF Scheme 1968 continues to be a favorite saving avenue for several years. This is mainly because principal and interest earned have a sovereign guarantee and the returns are tax-free. The principal invested qualifies for tax benefit under section 80 C of income tax act 1961 … Read more