Tax Saving Solutions

Though investing money serves different goals for different people but most people start saving in the quest to build a safe and secure retirement nest so that they can create wealth, secure their family’s future, and have a regular income even after retirement.

While there are many financial products, the one that serves all the above purposes and many more is Employee Provident Fund or EPF.

New Delhi: Foreign Portfolio Investors (FPI) remained net investors in Indian markets in the first half of August, pumping in Rs 28,203 crore in debt and equities on a net basis in the period, according to the depositories data.

Also, FPIs turned net investors in the debt segment in August after a gap of five months.

Market experts attributed the inflows to better-than-expected corporate earnings and increasing global liquidity. 

SGBs are issued by RBI on behalf of the Government of India and hence the bonds carry a sovereign guarantee on payment of interest and repayment of principal on maturity.

Over the last three months, the shine on the Gold continues to be there and the price per gram is nearly Rs 48000. Gold has always been the favourite asset class in Portfolio of most of the Indian Investors and to avoid the risk attached to investment in Physical Gold, RBI has announced multiple series of Sovereign Gold Bond this year.

At the onset of a financial year, with a lot of enthusiasm, we all hear out the Budget, especially the personal finance section, announced by the finance minister. The budget of FY 2018-2019 has incorporated some new areas that can help you to save tax. As tax-saving time is here, so it is right for you to quickly know about the newly introduced improvements or sections where you can save tax. 

As the popular adage goes “Health is Wealth”. To protect this wealth, it is important to start investing in it at an early age. Medical emergencies tend to come unannounced, and the chances of one happening have only risen in the last few decades. The medical advances mean that you are far more likely to survive an emergency, but that does not mean it will not leave you burdened with debt – if you are not prepared for it. The best way to prepare for a medical emergency is health insurance.

We have often read or heard about adding a critical illness component in our health insurance plan. Most people wonder whether it makes sense to include this add on in one’s health insurance policy. In this article, we will read about its importance and benefits so that one can take an informed decision.

As any financial year begins, we come across a lot of speculations around the budget presented for that year. There are reforms across sectors that prove beneficial for the public and certainly help them in a big way by saving tax. The budget of FY 2018-2019 too incorporated new areas that help you save tax, especially if you are a Senior Citizen. Since we are nearing the time which requires our intervention on saving tax, it is apt for you to know about the newly introduced sections where you can save tax.