Tax Saving Mutual Fund
% of the above, you will still have about Rs. 28,000 as taxable income. Tax will be Rs. 2800. You can however make this figures zero by investing Rs. 30,000 in tax savings mutual funds of (say) HDFC or Canara Robeco or Franklin Templeton or some such fund of fyour choice. Again You must file tax returns
12.17 PM May 13th 2014
Dear hina, PPF is Better than Insurance Policies to save tax and is the BEST Option for Conservative Investors who are satisfied with 8-9% Returns. For those Investors who prefer higher Returns in long Term ( 5-10 years ), Tax Saving Mutual Funds ( like AXIS Long Term Equity Fund, IDFC Tax
7.08 PM Dec 30th 2013
Dear pvnprasad, You may consider following 3 Tax Saving Mutual Funds. 1.AXIS Long Term Equity Fund 2.BNB Paribas Tax Advantage Plan 3.IDFC tax Advantage ( ELSS Fund ). Among other Funds, Franklin India Tax Shield Fund is most Consistent Fund with above Average Returns & Below Average Risk
1.53 PM Oct 2nd 2013
Dear laxmikantsarma, DONT take any LIC Policy under any Circumstances for Tax Saving. SIP in any of Following Tax Saving Mutual Funds( ELSS ) may be Rewarding : - AXIS Long Term Equity Fund ( ELSS ). - ICICI Prudential TAX Plan - Franklin India Tax Shield - Canara Robeco Tax Saver Fund.
6.16 PM Sep 6th 2013
.). For Investment EQUITY / BALANCE ? TAX SAVING MUTUAL FUNDS are BEST Option for Retirement Planning. PPF is also OK for conservative Investors. DONT TAKE any Conventional Insurance Policy of LIC or any other Insurance companies under any Circumstances.
2.35 PM Aug 24th 2013
. It is depreciated by 6000% in 66 years. Another Example is of Increase in value of GOLD from Rs.100 per 10 Gm ( in 1957 )to 26000 in 56 years. For long term Planning( 15 years or more ) Well Managed ( Not any ) ELSS ( Tax Saving Mutual Funds) are better option.
3.29 PM Jul 5th 2013
Go for one of the best ELSS i.e tax saving mutual fund instead of any FD. ELSS hav minimum lock in period of 3 years and as they invest in equities they have the power to beat inflation and give good returns as compared to FD, if held for long term. You can view simple and unbiased articles related
5.42 PM May 2nd 2013