Sec 80c: Latest News and Updates, Top Stories, Videos, Photos About Sec 80c

What Makes ULIP A Bad Investment Choice?

We often have readers asking us, if Unit Linked Investment Plans (ULIP) are good. To begin with let's understand what an ULIP is. ULIP: An insurance and investment A Unit Linked Insurance Plan is a combination of investment and an insurance ...

7 Best Investments For Tax Savings Under Sec 80C

Sec 80C of the Income Tax Act, gives you tax benefits that you must avail to the full. If you are a tax payer, you not only save tax but, get to invest in instruments that offer good returns. Here are ...

3 Tax Benefits On Medical And Health Insurance That You Must Know

Many investors know that health insurance qualifies for tax benefits. They also know that if you submit medical bills to your company, you end-up saving tax. But, did you know that there are many other tax benefits that one gets on ...

How Salaried Individuals Can Save Income Tax In India?

Individuals can save a lot when it comes to Income Tax in India, if they plan their salary structure and use the full benefits of the income tax exemptions that are granted in India. Here are some ways in which salaried individuals can save income tax in India: ...

Can You Partially Withdraw Money From ULIPS?

United Linked Insurance Plans (ULIPs) are popular investment instruments that are used as tax savings instruments as well as for insurance. Along with this this product enables you also to get returns by investing in schemes that invest in equities. How ...

Interest Income On Sukanya Samriddi Account Is Now Tax Free Under Sec 80C

Sukanya Samriddi Account which was earlier this year launched by Prime Minister, Narendra Modi as part of the launch of ‘Beti Bachao, Beti Padhao' campaign has met with good enquiries, though many individuals say that banks have to yet get notification ...

5 Policy Decisions That Are Speculated To Happen in Union Budget 2015-16

It's never too easy to predict what may happen and may not happen in the Union Budget. Most newspapers and magazines tend to quote sources, while others speculate on what policy decisions could happen in the Union Budget 2015-16. Here ...

Top 5 ELSS Schemes for Saving Income Tax Under Sec 80C

Equity Linked Saving Schemes (ELSS) are tax savings schemes which offer tax benefits under Sec 80C of the Income Tax Act. These set of instruments have a 3-year lock-in and since money is invested also in stocks, chances of getting higher ...

How Liquidity and Risk Determine Investments in Tax Savings Instruments?

It's just a little under three months before the financial year ends and your tax planning period for the financial year 2014-15 would end too. You have to make some difficult choices like look at the best tax planning especially ...

7 Tax Benefits That You Get In India Apart From Sec 80C

If you thought that the usual life insurance premium, PPF and other instruments under Sec 80C were the only tax benefits that you received in India think again. There are several tax benefits that you receive apart from the usual Sec ...

Do NRIs have the same tax saving options under Sec 80C like resident Indians?

Non Resident Indians (NRIs) do not have the same tax saving options under Sec 80C of the Income Tax Act like resident Indians. It's first important to understand what the tax savings under Sec 80C actually comprise off. These investments ...

5 Tax Savings Bank Deposits to buy after Sec 80C limit hiked in Union Budget

The limit for availing tax benefits under Sec 80C has been hiked to Rs 1.5 lakh from the earlier limit of Rs 1 lakh in the Union Budget 2014. Bank Tax Savings Deposits are excellent tax saving instruments considering their rates ...

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