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 indexed bond is linked to the rates of inflation, hence the investor can be assured of safe returns. In other […]
Every individual who wants to create wealth and also earn good income looks for best mutual funds, which are a good balance of equity and debt. Mutual funds with some good consistent performance in past and also at present have earned a good name in the market as a safe mode of investment with high […]
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 article explains the scope, eligibility and the avenues where equity investment can be done and what benefits an individual will […]
Tax saving deductions are known to all but when and on what conditions they are withdrawn are known to few.To know about the conditions when tax benefits are withdrawn, read on.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 term capital gain, pension, housing loan principal and newly introduced Rajiv Gandhi Equity Savings Scheme are few of them which […]
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 off of losses of this capital gain tax head is not known in general, due to which many people are […]
