Showing posts with label Tax-saving Investments. Show all posts
Showing posts with label Tax-saving Investments. Show all posts

Saturday, 16 April 2016

A Comment on making best use of your Bonus

My Comment on an article "7 ways to make the most of your bonus this year" published in the economictimes.com Dated 15/04/2016.

"Very useful advice. The author has explained in this article how to make the best use of your bonus so that you can benefit a lot from it.

The first thing to consider is to pay off some of your debts that do not save your tax or that which attract higher interest rates and so a burden on you.

The next advice is to benefit from the new tax break given in section 80CCD (1b) which allows additional deduction of Rs.50,000 invested in NPS which is in addition to the existing limit of 1.50 lacs under all clauses of section 80C.

Then, she advises you to increase your investments in Equities, to consider investing in Sukanya Samridhi, to consider buying a home with a home loan, and some other smart options."

All these tips are worthy of giving deep some consideration.


Wednesday, 20 January 2016

A Comment on an article on best Tax-investing investments

My Comment on an article "Which tax-saving investment best suits your needs? Find out" published in the economic times.com Dated 20/01/2016 at 12:15 pm.


"Very useful and informative article on tax saving options that can be best suitable for you. 

As the current financial year is ending, one should go through this article to manage his tax saving schemes prudently and obtain the maximum deduction possible."

Saturday, 14 February 2015

A Comment on Introduction of Mutual Fund Retirement Plans

My Comment on an article "Budget 2015: Government looking at Sebi proposal to introduce MF retirement plans with tax benefits" published in the economictimes.com Dated 14/02/2015 at 2:50 pm.


"It is a good proposal and needs 100% support from government. 

Introduction of Mutual Fund Linked Retirement Plan (MFLRP) will definitely attract much inflow of funds at government's disposal to aid its developmental programmes. 

It will boost the morality of retiring persons and workout towards security and rehabilitation of senior citizens. 

Foregoing a little bit of income by governments by way of taxes can add to much public funds available at their disposal."

Monday, 6 January 2014

A Comment on 10 best Tax saving Investments in India

My Comment on an article " 10 best Tax-saving Investments" published in the Economic Times Dated 06/01/2014 at 6:35 pm.


Very good article. A detailed analysis of the tax saving schemes has been given here. Many misconceptions of taxpayers have been cleared through this post. Each taxpayer should read this article to clear many of his doubts and to invest prudently. Thanks for sharing this.

The full article can be viewed at following link:http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/10-best-tax-saving-investments/articleshow/28390664.cms
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