Posts in Category: tax planning

Post Office Sukanya Samriddhi Yojana (SSY): Scheme Details, How to open An Account

Sukanya Samriddhi Yojana is a govt scheme for the girl Child however very few people know that sukanya samriddhi account can be opened in post office as well. We discus about Post office Sukanya Samriddhi Yojana Scheme Details, how to open an account and tax benefits in this blog.

Gender discrimination is one of the grave problems we all face in India. In India where education of male child is given priority and where wedding expense

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Post Office NSC : Interest Rate Chart, Taxation Benefit, Calculator

Post Office NSC or National Savings Certificate is a popular investment vehicle. In this post, we look at NSC interest rate chart, Tax Benefits and interest rate calculation. NSC has been into market since early 1950s’. The NSC during the beginning was issued with an intention to raise money for helping the development of India. The transition of NSC from fund generating investment scheme to tax saving investment scheme was much later.

Now-a-days NSC is a

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RGESS: Rajiv Gandhi Equity Saving Scheme:

RGESS is an acronym for Rajiv Gandhi Equity saving scheme. RGESS is a tax saving scheme started by the government of India in 2012. A key aim of the scheme was to provide incentives to first-time investors in capital markets. The scheme as such provides tax incentives for first-time investments in capital markets.

Eligibility for investing in RGESS

Below are the key eligibility criteria for investing in RGESS

  1. You should be an Indian resident
  2. Your annual income should not

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ELSS Wiki : Resources on ELSS Schemes

ELSS wiki is a post to put together all the resources at one place regarding ELSS (Equity link saving scheme). This ELSS wiki page will be covering different resources on ELSS as outlined below.

  1. What is ELSS
  2. How to invest in ELSS
  3. Advantages and Benefits of ELSS
  4. Top Fund houses offering ELSS schemes
  5.  Top ELSS schemes
  6. ELSS versus other investment options
  7.  Frequently asked questions on ELSS

What is ELSS

ELSS means equity-linked stock schemes which are essentially diversified mutual funds who provide tax

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What is full form of ELSS

Full form of ELSS is Equity linked saving schemes. ELSS schemes are basically diversified mutual fund schemes which enjoy tax benefits under section 80C of  Income tax. They are a great savings instrument to grow your money faster than fixed deposits and PFs.

These schemes are called Equity linked as the mutual fund schemes invest in majority equities most of the ELSS( Equity linked saving schemes )  are diversified mutual fund schemes which mean they invest

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Best ELSS Mutual funds SIPS to invest in 2017

As the year 2016 comes to a close you will start getting mail from your finance department to submit your investment proofs. If you are still looking to make investments this post will help you as we are going to discuss my favorite list of best ELSS Mutual fund SIPs to invest in 2017.

What is an ELSS Mutual Fund

ELSS stands forEquity linked saving schemes. It is nothing but a diversified equity mutual fund scheme which

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