Watch this episode to know how parking a portion of your funds in small savings schemes can be a good investment, as well as a tax benefit.
Following up on our series on tax saving ideas which we introduced last week, in this edition, we are going to be focusing on small saving schemes and the fixed income options which investors can explore to save tax.
We discovered that NPS is not a great tax saving option last week. Our personal finance expert Manoj Nagpal analyses the tax efficiency of small saving schemes like PPF, term deposits, National Savings Certificate, Senior Citizens Scheme and the Sukanya Samriddhi Yojana.
Watch this episode to know how parking a portion of your funds in such schemes can be a good investment, as well as a tax benefit.You can now invest in mutual funds with moneycontrol. Download moneycontrol transact app. A dedicated app to explore, research and buy mutual funds.