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4 Things to Consider Before Making Tax Saving Investments

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Something as important as your tax-saving investments should not be made on ad hoc basis without keeping a certain goal in the forefront. However, most of us have this bad habit of not even starting up before the company pushes those final calls for the submission of investment proofs.  To make the Best Tax Saving Investments , you need to base your decision on the following four important factors besides choosing a suitable tax-saving instrument which can aptly link with your specific goals. 1. Deduction Limit: As per section 80C, you are allowed deduction of up to 1.5 lac per annum one or more specified group of investments/expenses on your total gross income.    The investments which can be covered under 80C include:- mutual funds life insurance policies public provident fund  ELSS  National saving certificate etc. While the expenses on which you can avail the tax saving benefits include the following:  Kids tuitio...
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Top 5 Most Helpful Tips on Mutual Fund Investment

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It’s never too early to start investing for your better future and make more money from your saving account. The mutual funds are one of the best investment strategies which offer working professionals a better platform to invest their hard earned money. If you are also planning to invest in mutual funds but aren’t sure how to start, then this write-up is going to help you.   Here we are sharing some of the top tips for a mutual fund investment plan that can help you: Know Your Investment Objective: Before initiating any investment plan, the sole objective of your investment should be clear in your head. If, you are looking for some quick methods which can double your money overnight then the mutual fund is not your cup of tea. The investment plans are suitable for the people who have patience and are looking forward to growing their savings over the long term. So, before investing, take a step back, and ask yourself why do you want to Invest in Mutual Funds ? If the ans...
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Are You Looking For an Easy Investment Option? Try SIP Investment Plan

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Do you believe starting investing early is not so important? Then think again. Investment is the financial security that can offer you peace of mind for the future and in present. Whether you are struggling to manage your budget or already paying off your debts, in any of the cases you should not put your investment plans on hold. A little investment done today can offer you fruitful results tomorrow. Now, if you wonder how you should invest with a very low budget yet gaining the maximum benefits, then we must suggest you should go for Sip Investment Plan . Here we are discussing all SIP investment plan and its benefits to make you understand the concept in depth: What is SIP? SIP stands for a systematic investment plan. SIP is a periodic investment plan offered by mutual funds. As the name reveals SIP is a flexible investment plan which provides its user to deposit a fixed amount in a mutual fund scheme after a regular interval of time. Your investing amount can range from...
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