Fixed deposit and public provident funds both are safe investment options each with unique benefits read in details on benefits of fd anf ppf. Public provident fund ppf ppf scheme is a long term investment option backed by government of india.
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The debate of mutual funds vs ulips has started again after the introduction of long term capital gains tax on equity mutual funds and stocks in budget 2018.
Where can i invest apart from fd ppf and ulips. Hence to protect yourself you need financial literacy which can grow your financial life and protect from bad advice. Tax benefits in mutual funds. Public provident fund ppf ppf offers an interest rate of around 8 88 for fy 2012 13 compounded annually and mandatory investment tenure of 15 years.
The 10 ltcg. Basunivesh is an initiative started with the intention of educating each individual in dealing with their financial life and making them aware of miss selling or miss buying. Benjamin franklin once quoted in this world nothing can be said to be certain except death and taxes.
Ppf account can be opened by resident indian individuals either in their own name or in the name of minor childit can be opened by both salaried and non salaried individuals. Do not keep huge money in savings bank account. But you need not be despaired there are many smart ways to make your way around the tax trap and enjoy the maximum savings possible.
Are there any special funds where i can invest to avail tax benefits. Step by step guide. Many investors want to know which one is a better investment option for long term is it equity mutual fund or ulip.
Considering inflation you are actually losing money if it is in savings bank account. Ignorance is route cause for all such bad practices. 214 thoughts on how to fill up form 15g and form 15h.
If you invest in stocks pay due attention. Before proceeding further let us first analyze the funds of top 10 best sip mutual funds to invest in india in 2017do remember one thing that due to continues market uptrend the majority of equity funds performed well and given you better returns. What are the tax benefits i can get while investing through mutual funds.
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