Archive | 80CCD

Pros and Cons of NPS

The National Pension System (NPS) is a relatively new tax-saving investment. The NPS was launched by the government to allow every Indian citizen to get a pension during retirement, especially those who are not salaried employees, self-employed professionals or those working in the unorganized sector. So, should you invest in NPS? Understand the pros and […]

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Pros and Cons of PPF

Continuing the series of articles that talk about the pros and cons of tax-saving investments, let us now look at the Public Provident Fund (PPF). The PPF is another tax-saving investment for deductions under Section 80C that has a large appeal. It is generally the first tax-saving investment that people tend to make because it […]

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Pros and Cons of ELSS Funds

Earlier, we looked at the pros and cons of tax-saving fixed deposits. Another popular tax-saving alternative under Section 80C is mutual funds. These tax-saving mutual funds are known as Equity Linked Savings Schemes (ELSS). ELSS funds are widely-used to save taxes but a lot of people make rushed investments in them in the last financial […]

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