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 Savings Schemes (ELSS) are eligible for Income Tax benefits under Section 80C. But under Section 10(10D), the short-term gains are [...]

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How Financial Planning helps to get your child future goals

How Financial Planning helps to get your child future goals

PTIC INDIA’s main goal is to provide good finance and investment-related services to their customers. Here we will describe how Financial Planning helps to get your child future goals. As a parent, you always dream to see your child’s success in whichever career they opt for in their lives. And to help them succeed, you provide them all the facilities. Starting with the best education so that they can achieve their career goals timely and in a right way. However, with [...]

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