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Tax-saving strategies other than Section 80C
Section 80DDB entitles taxpayers to a deduction for medical expenses incurred in treating particular conditions or disorders
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HUF can work as a tax saving tool
HUFs are governed by Hindu law and founded by a married couple or joint family members
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9 indications that tell you are ready for retirement
It is recommended that you establish a sizable emergency fund that can cover up to 12 months of family needs
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Investing in section 80C? Avoid these common mistakes
Section 80C of the Income Tax Act 1961 allows for a deduction of up to Rs 1,50,000 on specific investments
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Tax planning: Factors senior citizens should consider
Diversification of holdings to include a greater proportion of risk-free securities that offer stable returns is the best way to plan for golden years
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Five reasons you should consider SIP for debt funds
By investing in debt funds through SIP, you can plan towards short-term goals in a much better way
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MIPs offer the comfort of liquidity to senior citizens
MIPs do not provide a consistent and regular monthly income. Dividends, like any other market-linked investment, are paid depending on profitability.
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Should you invest in sectoral technology funds?
Investing in technology mutual funds is that they provide investors with exposure to dozens of technology businesses through a single mutual fund
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How are government bonds taxed?
If a government bond is held until maturity, the gains are considered as an interest income and get taxed according to the respective tax slab
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Taxation on mutual funds: All you need to know
Capital gains are the profits earned by investors on their mutual fund investments when they sell the mutual fund units
