Recent article on Mint highlights Why we should not rely entirely on Sukanya Samriddhi to save for children. Few points from the article. While the interest rates are high on Sukanya Samriddhi Account, it’s not the best product to save for children, at least, not the only product that you should rely on. “As the individual is saving for the ...
There are many mutual funds invest in Indian companies. There is different kinds of mutual funds such as blue-chip, nifty index, ELSS and there are many more categories of mutual funds. Mutual funds are investment instrument for wealth creation. Mutual funds has option to invest in US stocks from India. In this blog, let us discuss How to invest in ...
What is form no 12bb? Form 12BB is a statement of claims by an employee for deduction of tax. Salaried employee should fill the form and submit to his/her employee to claim tax benefits on investments and home loans. Form 12BB has to be submitted at the end of the financial year to employer. Why is form 12bb required? Form ...
This post, we would discuss how to save tax by planning and understanding of different income tax section. Tax Planning is important to get maximum benefit for your investments HRA: This is for individuals who stay in rented home. The exemption for HRA benefit is the minimum of: i) Actual HRA received ii) 50% of salary if living in metro ...