Income Tax Exemption To Invest in ELSS Mutual Fund or Not?

Income Tax Exemption To Invest in ELSS Mutual Fund or Not? With FY16 coming close to an end, in vestors looking to save tax under sec tion 80C of the IT act, could consider equity linked savings schemes (ELSS) amongst other funds for investment. 1. What is ELSS? ELSS is a type…

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FY 2015-16 INDIAN INCOME TAX PROVISIONS AT A GLANCE...!

INCOME TAX PROVISIONS AT A GLANCE.. *  As per Indian Income Tax Act, Income is taxable under five (5) heads-  1. Salary 2. House  Property 3.  Business or / Profession 4. Capital Gain and  5. Other Sources. * Salaried person must obtain Form 16 from his Employer Every Year. * Income…

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Where do Income Taxpayers Invest in India

Where do  Income Taxpayers  Invest in India?  As on Feb 2016

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ELSS Save Up to Rs. 46350 Every Year

ELSS Save Up to Rs. 46350 Every Year For More Details S.Ramalingam Financial Advisor Senior Advisor - General, Health, Life & Mutual Funds, 12 /5 Jaya Apartments, Jayaram Avenue,  Sastri Nagar,  Adyar,  Chennai-600 020 Mobile : 98844 95696,  9840147301 E mail id :ssramee@gmail.c…

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Tax Saving Investment Planning for 2015-16 Financial Year

Tax Saving Investment Planning for 2015-16 Financial Year With the financial year 2015-16, taxpayers to focus on their income tax planning. Section 80 of the Income Tax Act, 1961 provides several beneficial ways through which taxpayers can reduce their tax liabilities. Here a…

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To avail income tax benefits under section 80C for Rs. 1.5 lac

To avail income tax benefits under section 80C for Rs. 1,50,000 We are coming to financial year 2015-16  closure soon. To avail tax benefits under section 80C for Rs. 1,50,000, you should complete the tax saving investments before March end. ELSS (Equity Linked Savings Schem…

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ICICI Pru.Long term Equity Fund: Save Income Tax Up to Rs.46,350

ICICI Prudential Long term Equity Fund: Save Income Tax Up to Rs.46,350 Invest in ICICI Prudential Long term Equity Fund (Tax Saving) and save up to Rs.46,350*; The increase in the investment limit under section 80C of Income Tax Act, 1961 now allows you to take deduction up…

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Best Ways to Save Income Tax Under 80 C 2015 - 16

Best Ways to Save Income Tax Under 80 C  2015 - 16 As on January 2016

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How to Save Income Taxes & Reap High Returns Instead!

How to Save Taxes & Reap High Returns Instead..! ELSS or Tax Saving Mutual Funds Simply put, ELSS is a type of diversified equity mutual fund, which qualifies for tax exemption under section 80C of the Income Tax Act.  If you are wondering, ELSS stands for Equity Linked Sa…

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