With proper tax planning you can save on your taxes and increase your income. Read how to save tax in India, what are the best tax saving options available on b4investing.
Investors are allowed to invest in NPS on regular basis during investor’s employment period. Investor can take certain amount after retirement and rest investor receives as monthly pension.
What options are available to invest for minors/children? Early you invest at right place, more you save. Right investment option can give you enough money at right turning point of minor’s life.
Full form of ULIP is Unit Linked Insurance Plan, a type of life insurance policy, which offers you investment and insurance together. Read all about ULIP | ULIP or Mutual Fund on b4investing.
Public Provident Fund (PPF) and Equity linked saving schemes (ELSS) fall under Income Tax section 80C tax saving options. b4investing is helping you to understand all basic differences of PPF and ELSS.
Equity mutual funds basically are ones which primarily invests in stocks. He basically invests in a basket of stocks and can get benefit of the bunch of stocks and diversify his investment rather than buying a single individual stock and having a concentrated approach. These equity funds invest directly into stocks and give highest rate of return but the risk involved is also higher.
