Question: #1: Tax saving?
Monthy i am paying for the chit. Can i show this as a tax savings or investing money in chit company does not come under tax saving?
- asked by Adipudi
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- answered by: Bharat View All Answers (9)
Question: #2: Which are the best tax saving mutual funds for a begineer?
I want to invest in mutual funds which could also help in saving my tax. This is my firat time hence would like to know from where should I start and what are best options available?
- asked by Anshum V
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- answered by: sandevyl
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Question: #3: Do I get accumulated Interest if I break a 5 yrtax saving fixed deposit in nationalized bankwithin 2 yrs ?
If I open a tax saving fixed deposit with a nationalized bank for a period of 5 yrs and then due to some reason I break that fixed deposit after 2 yrs then do I get accumulated interest on it in 2 years along with principal amount ? Do I have to pay any penalty for it ?
- asked by mahen8naik
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Question: #4: Which are the best tax saving mutual funds that i want to invest around Rs.20000?
I am interested to invest tax saving plan. Really confused which mutual fund I choose? Can you please help to find good mutual fund?
- asked by Shar
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- answered by: webrexia.com
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Question: #5: how much will be my tax saving if I purchase a single family home ?
Basically how much can I save as tax ? . What is the maximum amount can I deduct from my income ?. Now I live in rental apartment.With regards,
- asked by i-love-god
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- answered by: Wayne Z
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Question: #6: tax saving?
- asked by Bhavik G
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- answered by: Gopal K View All Answers (7)
Question: #7: Can i invest in a tax saving FDR to get IT rebate in 2011-2012?
I want to invest 1 lakh rupees for saving tax in the financial year 2011-2012 so Can i invest in a tax saving FDR to get IT rebate in 2011-2012?
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- answered by: SANTOSH KUMAR
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Question: #8: Tax saving investment with lock in period of 18 months?
I am interested in investing for just 18 months. Please suggest me any tax saving scheme.
- asked by greatjinesh
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- answered by: HMT
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Question: #9: Which is best health insurance policy for Income Tax saving in India?
I am 29 years old . I want to take health insurance policy for my self & for my husband & child. The age of my husband is 30 & my Child is 3 years old. I want to buy Health Insurance policy which assist me to save my Income Tax. Is there any policy avilable which matches with my requirement?
- asked by Rati J
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- answered by: satheesh
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Question: #10: Is there any way of investment without lockin period But it must be tax saving?
Is there another way of investing that gives me freedom to withdraw money or take a loan on my investment But it must be tax saving investment
- asked by Ramesh
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- answered by: HMT
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Question: #11: what will be a good tax saving device similar to PPF ?
I want suggestion for a/few tax saving scheme(s) of reputable institutions where one is required to fill up forms only ONCE.and go on with monthly / yearly subsription year after year.Also it should have least locking period.Thanksif such schemes do not exist,then scemes with low lock in period---some real experience in mutual fund by an iiinvestor may be helpful
- asked by ganoderma
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- answered by: Great West 8888
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Question: #12: Best saving plan for long term and tax saving?
I would like to invest around 40K per year for long term plan(around 15 - 25 years) and i am looking for the tax saving as well.Could you please help me out to find the best return investment plan for my criterion ?
- asked by krishnan
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Question: #13: where can i get the list of all tax saving mutualfunds in india?
where can i get the list of all tax saving mutual funds in india??please help ,i need the list immediatelythanks in advance :)
- asked by DURAI E
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Question: #14: Which mutual fund good for tax saving scheme?
Which mutual fund good for tax saving scheme?
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- answered by: bitterman View All Answers (11)
Question: #15: inherited bank account in India and tax savingrelated?
I live in India.I am the only daughter of my parents and my mother is no more. My father wants to add my name as joint holder in all his accounts.Is it better to add my name as joint holder or nominee?? Among the two which is better for tax saving. I think inherited property (here bank account )is not required to pay any tax. So, in that case giving my name as nominee is better to avoid tax...isn't it? Help is appreciated. Thanks.
- asked by kum k
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Question: #16: Do I need to reinvest in tax saving bonds (Sec 54) after they mature or can I invest anywhere I want?
Based on your answers I understand that if I invest the long term capital gains amount after selling house property, I have to pay tax only on the interest received on the long term capital gains tax saving bonds (Sec 54). After the bonds mature is it essential to invest in similar bonds or can I invest in other investment options like shares, mutual funds etc.?
- asked by maze_nav
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- answered by: N.J.Reddy
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Question: #17: How to select best ELSS mutual fund for tax saving ?
These are mutual fund with the advantage of Tax saving upto Rs. 1Lakh. But there are so many funds - confusing.
- asked by angsu24s
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- answered by: N.J.Reddy.
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Question: #18: How Mutual Funds-ELSS are baneficial for saving tax? What are the types of same?
How Mutual Funds-ELSS are baneficial for saving tax? What are the types of same?
- asked by Atul Karma
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- answered by: HMT
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Question: #19: Withdrawal of Investments in Tax Saving schemes?
Can the withdrawal of investments made in Tax Saving Schemes be done before the 3 years. If yes what is the procedure.
- asked by asluthra
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- answered by: Pranav View All Answers (1)
Question: #20: Which tax saving Mutual Fund in India has been consistently delivering a return of 40% or more ?
I want to invest in mutual funds. I would like to go ETF's, but they do not provide tax benefit. Can anyone suggest something good?
- asked by Blackstar*
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- answered by: Thor
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Question: #21: How wise decision it is to invest in Mutual fund to get tax saving and earn more money ?
How is SBI magnum tax Gain Scheme ?Which is the best scheme for mutual fund investment and when to invest ?
- asked by ccc
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- answered by: ravi
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Question: #22: Should I take original documents as tax-savingproof?
Hello,I have recently joined a small company as an Accountant. I am new to this job. I am given the task of collecting tax-saving proof documents from the employees. I need a little guidance. Should I collect only originals? How do I make sure that they are genuine? After collection, do we need to send them to Government? How long should we hold the documents? A little guidance is appreciated.
- asked by florence028
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Question: #23: Which is the good Mutual Fund for Tax Saving & Investment purpose?
Which is the good Mutual Fund for Tax Saving and investment where I get good dividend as a return as per the current market scenario?
- asked by dev
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- answered by: Robert M
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Question: #24: Income tax saving from two different housing loans for two different properties?
I have purchased a flat in 2004 and i am claiming for rebate since then in my income tax for hosuing prinicipal and interest component. Recently in 2008 i purchased another flat with a new housing loan. Does the interest component of second flat also be considered for tax exemption including the earlier one?Please clarify.ThanksSandeep
- asked by sandeepagarwals
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- answered by: N.J.Reddy
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Question: #25: Which is the best tax saving deposit in short term deposit i.e. within 1 or 2 or 3 years?
I like to invest money Rs.60,000/- for tax saving. Can anyone tell me by how I can save my tax within short term deposit i.e. within 1 or 2 or 3 years OR any deposit in which I can take the money before maturity.
- asked by Sandip C
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- answered by: sivakumar s
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Question: #26: Other things the same, countries that tax saving less will have?
Other things the same, countries that tax saving less will have 1. lower interest rates and higher investment than other countries. 2. lower interest rates and lower investment than other countries. 3. higher interest rates and higher investment than other countries. 4. higher interest rates and lower investment than other countries.
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- answered by: STEVEN F
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Question: #27: how do you plan your investment at the starting point of your career for future benifits and taxsaving?
What will be Investment planning at the age of 23-24 with a avg. salary 3.1-4.0 for future prospect and tax savings?
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- answered by: simck
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Question: #28: when was the Individual retirement account tax saving plan first started?
I am trying to calculate the "basis" of the nondeductible IRA account; and I think it started in 1976.......Thanks.
- asked by Rich
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- answered by: Brian J
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Question: #29: Can I write off a part of a loss for tax saving?
I have invested $10,200 the past 3 years in a stock that has continued to decline. This year the stock had a reverse split of 40 to 1. I had 73,000 shares. Now I have 1825 shares. 2 1/2 years ago 10,000 share cost $4,000. Now 10,000 share = 250 share and cost 102.50. The stock looks to jump in the near future.Can I sell the 250 for the loss in 2006 and repurchase in 2007 for the lower price. Does this make tax logic?I do not want to sell the entire stock. I want to just sell 250 share that cost 4,000 keeping 1575 share and repurchase more in 2007. Thanks
- asked by David H
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- answered by: mukwonago53149 View All Answers (1)
Question: #30: What is better tax saving investment option PPC orNSC?
The best part of PPF was return were tax free however money gets locked for 15 years. . Compared to PPF NSC had one advantage that money was locked for only 6 years but disadvantage was that returns were taxable. With the Effect of DTC on PPF the returns from PPF will be taxable on withdrawal. So now what is better PPF or NSC. Can anyone guide me some investment with guarantied return and tax exempt on returns in India?
- asked by hr2007
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