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Source: Live Mint Mutual Funds: As we inch closer to the end of the financial year, many investors might be considering investing in equity-linked savings schemes i.e. ELSS mutual funds. The reason why they invest in ELSS mutual funds shouldn’t come as a surprise for two reasons. One, they offer inflation-beating returns and two, among…
Source: Live Mint With financial year 2024-25 soon coming to an end, only three weeks are remaining before the taxpayers can invest in the tax-saving instruments such as PPF, NSC, KVP, SSY and SCSS. Taxpayers who wish to claim income tax deduction must invest in these instruments before March 31. Where can taxpayers invest to…
Source: Live Mint For agricultural purposes, I intend to sell my urban agricultural land within the municipal limits, which has been repurchased for ten years. How can I save capital gains tax? Can I purchase another agricultural land out of the sale proceeds in my name or the joint names of my husband/sons or invest…
Source: Live Mint Budget 2025 Income Tax Changes: Finance Minister Nirmala Sitharaman proposed sweeping tax reforms for the middle class in the Budget 2025. From zero tax on income of up to ₹12 lakh to cutting the income tax rates proposed in the new tax regime, Budget 2025 came as a much needed relief for…
Source: Live Mint In FY 2023-24, the new tax regime became a default regime. This shift has led many taxpayers to wonder whether traditional tax-saving investments such as PPF (Public Provident Fund), NSC (National Savings Certificate), post office saving scheme and NPS (National Pension System) are still relevant for the purpose of investment. The tax-saving…
Source: Live Mint What would you say about an investment instrument that used to give 12 per cent interest a year and now offers only 7.1 per cent? Well, it doesn’t remain as a sought-after investment instrument as it did earlier. This is exactly what happened with public provident fund, or PPF as it is…
Source: Live Mint If you plan to file your income tax return (ITR) under the old tax regime, you can start making investments in some tax-free instruments in order to claim deduction under section 80C before the financial year comes to an end. There are a number of tax saving instruments that one can invest…
Source: Live Mint If you are contemplating investment in a mutual fund scheme, it is normal to examine its past returns. While looking at the trend of historical returns for a year or two usually can offer some insights, it often does not give a complete picture of how the scheme has fared over a…
