Demystified: How Mutual Funds are Taxed

Last updated on April 10th, 2018 Mutual funds returns are subject to 2 types of taxes — Dividend Distribution Tax (DDT) and Capital Gains Tax. Capital Gains Tax also come is Short-term and Long-term versions depending on the type of mutual funds and the investment holding period. DDT is a tax on distributed profits. This is paid …

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Battle of Tax-Savers: ELSS vs PPF

Last updated on April 3rd, 2018We continue from Part 1 of this “Battle of Tax-Savers” series where we compared ELSS funds with tax-saving FDs. Click here to read that article where we also introduce the basics of 80(C) tax savings. In this article, we will compare ELSS funds against arguably the most popular tax-saving scheme — Public Provident Fund …

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Battle of Tax-Savers: ELSS vs Tax-Saving FDs

Last updated on April 3rd, 2018The new year 2018 is here and so is the time to do tax saving and investments. Let us take a new year resolution to find the best suited tax-saving product before investing in one. In this Batter of Tax-Savers series, we help you do just that. Read on to find …

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Is it Wise to Invest in ELSS Mutual Funds to Save Tax ?

Last updated on April 3rd, 2018The most common mistake that people make is making their 80(c) investments (Tax saving ELSS Mutual funds ) at the end of the financial year. You can read a detailed article at — Your Biggest Mistake on Tax Savings! Avoid in 2017 — Upwardly The ideal way to invest in tax saving instruments is to …

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Your Biggest Mistake on Tax Savings! Avoid in 2018

Last updated on June 11th, 2018 A blog on tax saving (elss) and that too in April? Sounds misplaced, isn’t it? Few years back, we were also of the same thought. After having undergone the pain of declaring, investing, submitting proofs or having forgotten about all of it all, there is one mistake that you …

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FD — Good, bad or ugly?

Last updated on March 27th, 2018 Ask your parents where you should park your salary and the term ‘’fixed deposit’’ is bound to come up. This may seem like a smart option when you have a limited income and all you’re looking to do is save , but consider the pros and cons before you …

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