An Inflation Indexed Bond, is a bond which assures a return higher than the inflation rate if held to maturity. The interest rates or which actually called coupon rates and capital appreciation of these inflation…
Rajiv Gandhi Equity Savings Scheme (Section 80CCG)
Finance Act 2012, has introduced a new Section 80CCG. This Scheme is named as Rajiv Gandhi Equity Savings Scheme and is fully aimed at investment in Equity and Mutual Funds of Public sector Companies. The…
How salaried employee lose tax benefits
Tax saving deductions are known to all but when and on what conditions they are withdrawn are known to few.To know about the conditions when tax benefits are withdrawn, read on. Life Insurance policy, long…
Capital Gain Tax
Capital gain is one of the heads of sources of income for an individual, but it is also the head about which an individual knows the least. Various exemptions, computation and carry forward and set…
