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Last Minute Tax Planning – 80C 1.5 Lakhs for Mutual funds as well.

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In India, section 80C allows 1.5 lakhs from gross total income for investments,insurance and specified expenses.  This 1.5 Lakhs is non taxable to encourage saving and investment among indian citizens.  The eligible investments include life insurance, Equity Linked Savings Schemes (ELSS) mutual funds, Public Provident Fund (PPF), National Savings Certificate (NSC), etc., while expenses and...

Why Mutual Fund Investment is Best in India

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Why Mutual fund Investment is Best in India: Mutual fund is a simple, tax efficient and effective tool to invest for your goals. Mutual fund investment are monitored by fund managers, it is diversified, simple to start, easy to get money by selling mutual fund units ,tax saving ELSS fund, Tax free returns from equity mutual funds and monitored by SEBI. Everywhere mutual fund ads shows disclaimer...

Mutual Funds in India

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What is Mutual Fund: Mutual fund is a simple, tax efficient and effective tool to invest for your goals. Mutual fund collection of stocks or bonds that a professional Fund Manager buys on behalf of you. Fund Manager decides which stock or bond to buy and how much. A mutual fund then distributes the entire investment amount in small units (called units). Investors can buy these units instead of...

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