Archive | Public Provident Fund

How to use tax-saving investments to achieve financial goals

Saving taxes shouldn’t be the only purpose behind investing in tax-saving investments. By their very nature, tax-saving investments make for excellent long-term investment avenues because they come with lock-in periods. The lock-in periods, which are as long that as 15 years in some cases, force the investor to stay invested and it is this compulsion […]

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[video] How to claim 80C deductions

E-file your income tax returns with http://cleartax.com and we’ll help you maximize your tax saving. Check out our extensive guide on Section 80 deductions: https://goo.gl/2A52mg Did you know that you can save up to Rs 1.5 lakh in taxes every year? There are deductions that you can claim on investments and expenses under Section 80C. […]

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How to build a portfolio of tax-saving investments

Tax-saving investments come in various shapes and sizes. Think of them as pieces of a jigsaw puzzle. Every piece is as important as the other and even if one piece is amiss, the puzzle will be left incomplete. On a similar vein, every tax-saving investment is important and serves a definite purpose. Put together with […]

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common tax mistakes

5 common tax-saving mistakes and how to avoid them

It goes without saying that saving money is as important as earning money. One way to save money is by taking advantage of tax-saving deductions to minimize your tax outgo as much as you can. But that’s easier said than done. Saving taxes is tough and we tend to make it tougher by committing common […]

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Investment planning FY2016-17

Tax-efficient investment planning for FY2016-17 in 5 steps

First up–the hard facts: Young India is not saving as much as it should. In fact, the average Indian in the 20s is probably paying more taxes than he or should needs to pay. Even if you are making tax-saving investments, you are not investing well enough to help you achieve your long-term goals. And […]

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Interest even on inoperative EPF accounts

Back in 2012, the Employee Provident Fund Organisation (EPFO) had taken the decision to stop paying interest on dormant EPF accounts. At that time, the decision was taken to discourage account holders from putting money into such accounts that have not received contributions from either the account holder or his/her employee for a period of […]

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