Equity Linked Saving Scheme (ELSS) is an open-ended equity mutual fund that offers investors the dual benefits of tax-saving and income growth. These open-ended mutual funds invest primarily in the stock market. This type of mutual fund has a lock in period of 3 years from the date of investment. Public Provident Fund (PPF) scheme was introduced in India in 1968 to mobilize small savings. The scheme offers an investment avenue with decent returns coupled with income tax benefits. A PPF account can be opened with a Post Office or with specific banks. This presentation will show you the difference between the ESS(https://www.edelweiss.in/oyo/mutualfund/tax-savers-elss-funds-63) & PPF.
Equity Linked Saving Scheme (ELSS) is an open-ended equity mutual fund that offers investors the dual benefits of tax-saving and income growth. These open-ended mutual funds invest primarily in the stock market. This type of mutual fund has a lock in period of 3 years from the date of investment. Public Provident Fund (PPF) scheme was introduced in India in 1968 to mobilize small savings. The scheme offers an investment avenue with decent returns coupled with income tax benefits. A PPF account can be opened with a Post Office or with specific banks. This presentation will show you the difference between the ELSS & PPF
Equity Linked Saving Scheme (ELSS) is an open-ended equity mutual fund that offers investors the dual benefits of tax-saving and income growth. These open-ended mutual funds invest primarily in the stock market. This type of mutual fund has a lock in period of 3 years from the date of investment. Public Provident Fund (PPF) scheme was introduced in India in 1968 to mobilize small savings. The scheme offers an investment avenue with decent returns coupled with income tax benefits. A PPF account can be opened with a Post Office or with specific banks. This presentation will show you the difference between the ELSS(https://www.edelweiss.in/oyo/mutualfund/tax-savers-elss-funds-63) & PPF.
We always think of saving for tomorrow, saving for our children’s education, saving for their weddings and for any contingency that may arise. Know About How to open PPF account online.
PPF - Public Provident Fund. PPF is an best and safe option of investemnt because of PPF interest rate is being set by government. PPF account is an easy to open and as well its save taxes.
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Do you know that Provident Fund is the only investment scheme that provides investment, pension and insurance. The best part is that your employer also has to contribute atleast 12% of your Basic salary+HRA.
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Save your hard earned money with the best tax savings schemes. Avail dual benefits of Tax Saving under section 80C, of the income tax act, 1961 on investments & life insurance cover with tax-free returns.
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.
Equity Linked Saving Scheme (ELSS) is a type of diversified Equity Mutual Fund which is qualified for tax exemption under section 80C of income tax Act, and offers the twin advantage of capital appreciation and tax benefits.
Provident Fund calculator will estimate of the amount which you will have at time of retirement. How to calculate Provident Fund balance online at a withdrawal time and know UAN help desk. http://iepfbalance.co.in/ppf-interest-rate/
Deductions allowed under the income tax act help you reduce your taxable income. You can avail of these deductions only if you have made tax-saving investments or incurred eligible expenses. 1.Equity Linked Savings Scheme 2.House Rent Allowance 3.Tuition Fees or Child’s education fee
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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.
(Stock Linked Savings Plan) Mutual funds that invest mostly in stocks and offer tax advantages under Section 80C are known as ELSS Funds in India. These funds are subject to a three-year lock-in period. However, you can reach us at 7838077767 for further information about the fund and investment.
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.
This is another retirement designing possibility at your disposal. Initially, you would like to speculate an everyday quantity towards a concept, and after you retire, you get a set quantity as pension. Also, investment in pension plans qualifies for tax write-off below section 80C of the revenue enhancement Act, 1961.
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With the advent of the December, the “tax birds” start to chirp loudly and slowly but surely, the common investor rises from his slumber. It is difficult to make wise investment decisions in December, more so in March. However, April is a very good time. Nonetheless, if you are planning to invest to claim tax deduction under section 80C, here are some wise things to do when you wake up. http://www.capitalworx.in/financialfreedom http://www.capitalworx.in/2016/12/22/investment-wisdom-section-80c-tax-deductible/
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Mutual funds are one of the smartest investment tools that help you to plan your finances & secure your future. Go through this PPT to know more about what is mutual fund? What are the types of mutual funds? & what are benefits of mutual funds? For more information visit - http://www.dspblackrock.com/
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According to a survey in United Kingdom, more than 50% of people do not save enough for their retirement plans. The number is worse for Americans and Canadians.
While we all have goals but very of us have what it takes to achieve them. To achieve your goals sync them with proper systematical investments, get fiscal disciplined and take the first step now. There are verities of mutual funds in the market that can suite your risk appetite & goals. Choose one and take your first step towards achieving your goal.
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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.
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Asset allocation is not mere diversification. It is regularly reviewing & rebalancing your portfolio according to current market conditions. A prudent asset allocation helps you makes the most of your money in the long-run. Know all about prudent financial planning with asset allocation.
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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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