Tax Saving Mutual Fund
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However, the mutual fund is liable to pay DDT (Dividend distribution tax ... I have also invested Rs 1,00,000 in tax saving FD u/s 80c and Rs 20,000 in PFC bonds u/s 80ccF. On June 12, 2009 my wife died and I inherited the movable asset (old silver ...
May 19, 2012 at 15:06 | Source: Hindu Business Line
To minimise risk associated with direct stock investment for new investors, market regulator SEBI has asked the government to route the tax-saving Rajiv Gandhi Equity Savings Scheme through mutual fund (MF). Chairman of Securities and Exchange Board of ...
May 19, 2012 at 17:29 | Source: The Hindu
Assets under management by Indian mutual fund houses breached the Rs 6 lakh ... and uncertainties over ELSS ( equity-linked-saving scheme) funds due to the Direct Tax Code overhang is what has actually led to a fall in inflows in the last ...
May 18, 2012 at 03:04 | Source: MoneyControl.com
These avenues range from the traditional Public Provident Fund (PPF), National Saving Certificate (NSC) and life insurance to the more dynamic tax saving mutual funds (Equity Linked Saving Schemes - ELSS). These avenues not only help in tax ...
May 24, 2012 at 13:06 | Source: MoneyControl.com
Shares of mutual funds are ... and should consult their tax advisor. Before investing in a plan, investors should carefully consider the investment objectives, risks, charges and expenses associated with municipal fund securities.
May 22, 2012 at 23:52 | Source: Marketwatch
Saving for retirement or some other long-term goal is a ... especially if you're mainly looking for mutual fund picks and someone to help you stick with an investment strategy. Likewise, the fund company or brokerage where you park most of ...
May 25, 2012 at 04:51 | Source: Chicago Tribune
For example, if your plan includes a mutual fund that charges an account fee for balances of less than $2,000, grow or consolidate your 401(k) investments to get your balance up to that number. Saving $20 ... after-tax dollars up to the ...
May 24, 2012 at 06:54 | Source: Yahoo Finance
Retirement planning is getting increasingly difficult due to the inherent problems with saving money over a long period of time. Your retirement fund is only as good as ... divided into two basic account types: tax deferred and non-tax deferred.
May 24, 2012 at 16:33 | Source: business2community.com
If you want to stay home, look up a mutual ... report on your tax return that you are contributing to a deductible IRA, the government cuts your tax bill. That can mean you get a better refund. And you can use that refund to fund your IRA.
May 7, 2012 at 06:52 | Source: Everett Herald