ULIPs offer dual benefits of wealth creation and life insurance protection with some amazing tax-benefits.
Infrastructure mutual funds invest in companies that are involved in the infrastructure development of the country
Balanced funds rank higher than debt funds but lower than equity funds on the risk scale.
While safety holds supreme to conservative investors, taxes matter too. Consider post-tax returns when you are comparing two investment options
Capital gains are the profits earned by investors on their mutual fund investments when they sell the mutual fund units
As interest rates are expected to increase gradually in coming quarters, floater funds can benefit
Taxpayers should keep all the invoices and bills for claiming the expenditure incurred towards renovation for claiming this as 'Cost of Improvement'
A point to note is that although the fund has different maturity, investor can withdraw or sell the units on the exchange at the applicate rate
Both, the buyer and the seller have to bear the burden of taxes on an individual level
If you do invest in gold, then the thumb rule should be to hold it for a three-year period to minimise the tax burden