Budget 2023: 'Increase section 80C limit to Rs 2.5 lakh, raise PPF investment limit to Rs 3 lakh'A hike in the deduction limit of section 80C would 'provide savings opportunities to the public at large,' ICAI said. Here are other sugges...
7 reasons why PPF is one of the most preferred tax saving investmentsIf the investment is for a long-term goal, then PPF is an option for such aggressive investors as well as it gives the desired stability an...
How to save money when income is lowWhen income is low, the ability to save is also less. But trying to save 20% of one’s income is an ambitious target for a young earner. Her...
Family finance: Banerjees need Rs 6.37 crore for retirement; how they can achieve this money goalHigh surplus and a long time frame will help Kolkata-based Banerjees meet their main goals with ease. Their goals include building an emerg...
7 lesser-known investments, expenditures eligible for tax breaksDid you know you that can claim tax deduction on stamp duty? Here are other tricks that can help you cut tax.
Family finance: Prakashs need to speed up investment, revamp insurance portfolio to achieve goalsFor retirement, the couple has estimated a need of Rs 4.6 crore in 12 years and can assign their EPF, NPS, stocks and mutual funds. Their o...
Regulator may tweak rules governing UlipsAt present, units are deducted from Ulips if one buys riders with it.
Family Finance: Why Kolkata-based Das couple will have to put off some goalsSanjoy and Lovely Das have goals such as building an emergency corpus, buying a house and saving for retirement.
7 long-term investment options that can help meet short-term money needsSome flexi-features of long-term instruments can help meet short-term needs. Here is a look at few of the available options.
PPF interest rate cut to 7.9% but are other investment options better? Here's a comparisonThe interest rates of the PPF and other small savings schemes have been cut. Here is a low-down on the other options before investors.
Family Finances: Investing in equity can help Delhi-based Agarwals achieve financial goalsSince they are in their early 30s, they have a long investment horizon and should tap the potential of equity to give high returns in the l...
Why you should go beyond ELSS for effective tax planningMost investors need both ELSS and provident fund for effective tax planning.
How to save tax in 2013: Your guide to planningChoose an option that fits into your overall financial plan, not because it offers good returns or your brother-in-law is selling it.
- Avoid pitfalls in your hurry to save tax
In their last-minute scramble to save tax, many investors end up putting money in avenues that do not suit their needs
- Investing wisely under 80C will help save taxes
For many, Section 80C of the Income Tax Act forms the cornerstone of their tax saving strategy.
- Investing for your child? Know your taxes
With increased awareness of varied investment options, parents are choosing to make investments in the name of child. Cut your tax bill
- IT employees not tax-savvy: Survey
IT /ITeS employees, in the 22-34 age bracket, are not known for being tax-savvy. Besides, their investment behaviour too is skewed to tradi...