Secure your future – Invest Wisely
Overall, analysts predict that the first week of the new fiscal year FY25 would be beneficial for the market, with a focus on car sales data, manufacturing and services PMI data, an interest rate decision made by the RBI, and forecasts for the March FY24 quarter earnings. The market closed the abbreviated week on March … Read more
Equity Linked Savings Scheme (ELSS) funds invest the bulk of their capital in equities and equity-related products and have a three-year lock-in period. Following this term, an ELSS plan becomes an open-ended scheme. Investments in ELSS funds of up to Rs.1.5 lakh are tax deductible under section 80C of the Income Tax Act of 1961. … Read more
The Income Tax Department in India levies income taxes on individuals based on their tax bracket. Taxpayers are always looking for ways to avoid paying income taxes. They do not, however, benefit from salary optimization. As a result, your tax obligations rise in tandem with your earnings. Fortunately, under Indian income tax laws, there are … Read more
Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services in India. It was introduced on July 1, 2017, and replaced multiple taxes including central excise duty, service tax, and value-added tax (VAT). GST is a single tax regime, which aims to simplify the tax system, reduce the … Read more
Do you want to save more money and reduce your tax liability as an Indian citizen? Look no further—smart financial planning is built on sound tax planning. In this blog post, we’ll discuss some of the key tax planning techniques you may employ to lower your tax liability and boost your savings. Best ELSS Funds … Read more
