ELSS

10 Christmas money saving tips

10 Christmas money saving tips: a way to avoid a money hangover in the New Year 2019 With Christmas being an expensive time for all of us. Rajeev Sakhuja – CEO & MD of Paar Tax & Investment Consultants.  shares ten Christmas money saving tips, to induce your finances not off course for the New Year 2019. As we have a [...]

Read more...
The best tax saving option is: ELSS or ULIPs?

The best tax saving option is: ELSS or ULIPs?

When we talk about tax saving investment, there is a big debate between the ELSS (Equity Linked Savings Scheme) versus ULIP (Unit Linked Insurance Scheme). Both schemes have some similarities and some differences too. For example, both schemes combine tax saving with a long-term investment perspective. Both schemes give you an access to equities and both provide you a [...]

Read more...
7 Reasons ELSS are Better Than Other Tax Saving Investments

7 Reasons ELSS are Better Than Other Tax Saving Investments

The introduction or rather reintroduction of long-term capital gains taxes on equity mutual funds including ELSS(equity-linked savings schemes) has made some novice investors a bit jittery. A lot has already been written and said about long-term equity gains taxes on equity schemes. In short, considering the potentially high returns, Rs. 1 lakh annual gains taxation threshold. And the grandfathering of [...]

Read more...
Simple tips to choose the right tax-saving ELSS fund

Simple tips to choose the right tax-saving ELSS fund

Equity-Linked Savings Scheme (ELSS) are multi-cap equity investment fund. They have a lock-in period of three years. ELSS provide you tax advantages along with wealth creation opportunities. You can claim a tax exemption of up to Rs 1.5 lakh on ELSS funds under Section 80C of the Income Tax Act. There are numerous ELSS funds available for consideration in the [...]

Read more...
HOW TO PICK A RIGHT MUTUAL FUND SCHEME FOR YOU?

HOW TO PICK A RIGHT MUTUAL FUND SCHEME FOR YOU?

In financial planning, Mutual Fund investment play a major role. Before investing in the best Mutual Fund in India, first, you should consider the pros and cons of the available resources. With so much at stake, what should an investor look for in a mutual fund? This handy 10 points guide will help you on how to pick a [...]

Read more...
Importance of Financial Planning for Indian Youth

Importance of Financial Planning for Indian Youth

After completing studies, you shouldn’t take your financial future for granted. In fact, you should look for the right financial step even when you are still in college. When it comes to income, with the improving prospects and growing economy, there is no lack of opportunities for the youth. Indian youth is earning and spending a lot. It is [...]

Read more...
Why to keep all Your Investments together by PTIC INDIA

Why to keep all Your Investments together by PTIC INDIA

The walls, foundation, and roof should be built skillfully to keep your house steady, no matter what. The same should be with your portfolio. Make sure your investments are kept under one roof to make a strong portfolio. PTIC INDIA (Leading Financial Planner in Delhi) will help you to make a strong portfolio and meet all your financial requirements [...]

Read more...
Why are ELSS funds still better than ULIPs despite new LTCG tax?

Why are ELSS funds still better than ULIPs despite new LTCG tax?

In the budget of 2018, LTCG (Long-Term Capital Gains) Tax was re-introduced on stocks, shares and share-oriented products. Ever since the LTCG tax was announced, Ulips (Unit-Linked Insurance Plans)  have come into the spotlight. This is because returns from ELSS became taxable after the budget passed where returns from Ulips continue to be tax-exempt. Investments in both Ulips and Equity-Link [...]

Read more...
Comparison between ELSS Funds and Public Provident Fund

Comparison between ELSS Funds and Public Provident Fund

If you are looking to make some investments to save tax, then you would have most certainly come across Section 80C of the Income Tax Act. This section offers a tax deduction for investments made in certain financial instruments like Equity Linked Savings Scheme (ELSS), Public Provident Fund (PPF), Tax saving Fixed Deposits (FD), National Pension Scheme (NPS), etc. [...]

Read more...
Financial tasks you should complete before financial year 2018-19

Financial tasks you should complete before financial year 2018-19

Financial tasks you should complete before financial year 2018-19. The beginning of the Financial Year 2018-19 can be the best time to check out your belongings.  Yet, before that, there are few questions we will ask you. Same as the general population, are you leaving tax planning to the last minute and investing in wrong instruments because of the year-end [...]

Read more...