The choice of income tax saving instruments is important, but now you have to identify tax efficient investment options
Our advice for investors -- opt for funds like HDFC Long Term Advantage and HDFC TaxSaver which have proven track records to show for, over longer timeframes.
RTSF will be managed aggressively like its diversified equity fund siblings; also the fund is likely to be a high risk - high return investment proposition.
In case you are not aware, the guidelines governing such investments are a lot different this year. And lethargy on your part to rework your investment plan could cost you dear.
When evaluating a fund, one needs to not only look at the past performance but also the way in which it is managed.
There will be zero Income Tax on income of Rs. 11.20 lakh (Rs 1.12 million). Impossible? No, it isn't.
Now that the B -- day is over, it is time to look at the impact of budget on your savings, investments and tax planning. A close look tells you it is a mixed bag.
Here's an investment strategy for investments in tax-saving funds.
If tax planning is high on investors' agenda, small savings instruments emerge as a natural choice.
pension plans apart from playing a significant role in retirement planning, also offer tax benefits under a dedicated section i.e. Section 80CCC
With equity markets touching record highs, optimism among investors seems unbounded. Markets appear like they can do no wrong and euphoria among the investor community is palpable.
Chances of staying true to your goals tend to be high when you don't lose sight of what you set out to achieve, advises Arun Thukral, MD & CEO, Axis Securities.
Tax-saving funds are a key part of any portfolio that is designed for the Rs 100,000 investible limit as defined under Section 80C.
Investments of up to Rs 100,000 in tax-saving funds are eligible for deduction under Section 80C of the Income Tax Act. This has opened up a new spectrum for investors while conducting their annual tax-planning exercise.
A tax plan is not only to save taxes, it should also assist you in achieving your other financial goals such as buying a home, a car, children's education, retirement to name a few. Here are some top ways in which you could plan for your tax savings
Pension plans purport to provide for an individual at a stage when he/she is presumed to be inept of earning his/her livelihood. Hence the savings need to be planned, managed and executed with an extra degree of caution.
Indian-American lawmakers on Wednesday criticised US President Donald Trump's maiden address to Congress, saying it lacked specificity and offered only unrealistic plans on issues like immigration and Obamacare.
Tax-saving funds add value to your portfolio, but you must ensure that your ELSS investments are always in tune with your risk-appetite.
For investors with a low-risk appetite, who invest in assured returns schemes for the stated purpose, this is an opportunity to be capitalised.\n\n\n\n
The recommendation, if implemented, is likely to face opposition from the government's key support base among Hindu traders and businesspersons.
Multinational companies operating in India will soon have to disclose details of their operations at the country of residence and their revenue income to the Income Tax authorities.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances