Don't Worry , Be Happy !
Earning tax free income is possible ! And earning even more than 8 % is possible net of tax. In fact tax free ! This is one of the best tax planning tips for those who have surplus money and always try to earn interest income on fixed deposits .The beauty of this tax planning...
Every time you get dividend from mutual fund companies (other than equity oriented funds ) or make redemption of units , there is a charge of tax on the amount of dividend , which although , payable by the mutual fund companies, is actually charged to mutual fund unit holders. So , to that extent...
Time for investment in Liquid fund has arrived ! Media report suggest that Short-term interest rates rose during last week, as banks push loan growth to shore up their balance sheets and meet half-yearly targets. In such case , on of the best method to earn income from surplus funds you have in your savings...
There are so many types of mutual funds these days , that many time investor get confused about them as the nomenclature changes , when the mutual fund companies pitch for marketing its plan. Therefore, the readers are made aware about different kinds of classification of mutual fund plans Equity Funds Main objective of this...
A money market fund is a mutual fund that invests mainly in Treasury Bills, Repurchase Agreement (popularly known as Repos ) and Commercial Papers. However, Treasury Bills make up the bulk of investments by money market fund .Money market fund is generally the safest and most secure of mutual fund investments with the prime intention ...
Disability deduction u/s. 80DD of the I.T Act for expenses on maintenance ,nursing or medical … [Read More...]
The proposal of Cyprus government to impose a 7.5% tax on all money kept in fixed deposits in the … [Read More...]
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