Sunday, January 18, 2009

TAX SAVING SEASON arrives:

hello....
most of us indians who have to pay Tax will be trugning their minds these days over various plans and ways to invest into Tax Saving Instruments.....so lets take a viw of various options available in market....

1. Provident Funds- these offer a return of 8.5%......annually..the there is also tax exemptino on interest earlened....
2. NSC- Nationals Saving Certificates..- interest earned is taxable...
3. ELSS- Equit linked Saving instruments---These are certain type of instruemtns which invest your jomoney in equity markets and also provided benefit under section 80/C of Indian Govt.
4. Then there are of course varioius insurance plans availble.......ULIPS and tohers......may be pension plans...also...
5. Bonds issued by IDBI and NABARD.....

please address if there is any other option available...comments are most welcome and wanted.........

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