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Words Worth
The mode of holding mutual fund account doesn't have any affect on the taxation aspect of your mutual fund | |
Surrender your policy and buy a term insurance instead | |
ELSS scores over PPF due to its ability to generate far superior returns over the long term | |
Dhirendra Kumar addresses a commonly faced issue in a systematic manner |
Dhirendra Kumar provides two lesser known information regarding debt funds |
If you seek higher returns with liquidity, go for debt funds. For safety and tax efficiency, opt for PPF | |
Conversion is not possible. You'll need to surrender your ULIP and invest in funds | |
For unlisted funds, TDS is deducted at 10% without indexation benefit | |
Surrendering these policies and re-organizing your insurance and investment plan will serve you well in the long run | |
Section 10 and Section 80C of the Income Tax Act provide tax benefits for tuition fee | |
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