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An equity-linked saving scheme (ELSS) has emerged as an important means of tax saving and wealth creation for investors. With a predominantly equity portfolio, the ELSS is able to combine the best of tax saving and equity exposure to enhance returns to investors in post-tax terms.
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There are plenty of investment options available which would help you in tax saving plans. Considering the current market scenario and the rate of returns, we have listed out a few options which can be a boon if your objective is tax saving and at the same time get good returns on your investments.
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You may think that it’s too early for you to invest in retirement plans or even endowment plan. But did you know that you can save up to 1.5 lakhs a year on income tax by investing in the right endowment plans.
When it comes to investing in mutual funds, the Sqrrl app helps you to grow your mutual funds' investments at an exponential rate. Mutual funds app help to compare between different mutual funds and choosing the best mutual fund among them. Also, it guides first-time investors to invest in the best mutual funds, Tax saving mutual funds, ELSS mutual funds.
Why you should have a retirement or pension plan and how to choose them. Here is little all about this, watch this or click this link to choose best pension plan by LIC.
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Tax saving scheme or ELSS fund are very effective to save income tax from your total income. There are many fund providers in india, offers various tax saving mutual funds some of them are: DSP BlackRock SBI Mutual Fund HDFC Mutual Fund UTI Mutual Fund etc Compare tax saver funds & choose the one that best suits your need.
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In today's business world, it is increasingly difficult to find a franchise that meets your unique needs and desires. This is where the franchise owned franchise operated model comes in handy. By understanding how this type of business works, you can be sure that you will receive the best possible service and support from the franchisor. Additionally, because this type of business involves two parties (the franchisor and the franchisee), there are often less complications and misunderstandings than with an unowned franchise model. If you are interested in starting your own franchise, then I highly recommend investigating the franchise owned franchise operated model!
Introduced by the Finance Act, 2005, Section 80C is an Income Tax saving section. provides a deduction from total income in respect of various investments/ expenditures/payments in respect of which tax rebate u/s 88 was earlier available.and while the Income Tax Act of India, 1981, Read about the tax benefits under section 80c in the Sqrrl blog here below.
Tax Free Bond is one of the popular investment option to earn a tax free return. In India, we have very few investment options offering tax-free returns.
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