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2017-03-24 02:58
For those seeking comfort in safety of returns, the Government of India issued 8% savings bond once again comes to the fore. First launched in 2003, these bonds are issued by the government… Read More
2017-03-23 07:57
Under the scheme, the difference between the effective yield paid to the pensioner, and that earned by LIC, is compensated as subsidy to LIC by the governmentThe Cabinet gave its approval to… Read More
2017-03-23 02:57
 What is a bull call spread?It's an option strategy involving the purchase of a call option and simultaneous sale of another call option with a higher strike price. The sale of the opti… Read More
2017-03-22 11:12
Pension plans from insurance companies are not a great way to save tax be cause of the high charges. Although Ulip charges have been reduced, pension plans still levy high charges on buyers… Read More
2017-03-22 04:42
ELSS Funds ELSS Funds are tax saving mutual fund that is eligible for Section 80C benefits along with the other investments listed, for a maximum amount of `1.5 lakh a y… Read More
Franklin India Taxshield Fund ­
2017-03-21 11:53
As the last date of filing income tax approaches, tax saving schemes which also offer the benefit of equity market growth would be the priority for investors. Among such tax saving schemes… Read More
2017-03-21 03:39
EDUCATION LOANIf you have taken an education loan for self, spouse, children, or a student you are legal guardian to, you can claim this deduction under Section 80E for the interest paid on… Read More
2017-03-20 07:20
Repayment of the principal amount of a home loan is allowed as tax deduction under Section 80C. This deduction is available on payment basis irrespective of the year for which the payment ha… Read More
2017-03-20 04:21
The amount paid as medical insurance premium is eligible for deduction under Section 80D. The maximum deduction that can be claimed under this section is `60,000, but there are many sub-limi… Read More

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