Ask Value Research
Big Questions
The Plan
Economic Viewpoint
First Page
Generally Speaking
Guest Column
Not Just Kidding
Of This & Thatů
Random Rants
Straight Talk
The Chartist
Top of Mind
Fund Research
Category Watch
Fund Analyst Choice
Fund Family Update
New Funds
Rating Radar
Stock Research
Stock Analyst Choice
Stock Strategy
News & Commentary
Fund News
Book Review
First things...
How I did it
In Rememberance
Special Report
Tax Saving Alternatives
Tax Saving Know How
Using Value Research Online
Words Worth
Individuals can contribute to National Pension Scheme (NPS) and claim an additional tax deduction of up to Rs 50,000 under Section 80CCD(1B) of the Income Tax Act | |
You can invest any amount in a demat account designated under RGESS, but the benefit under the scheme can be claimed only on investment up to Rs. 50,000 in a single financial year | |
Employer's contribution is eligible for tax deduction of up to 10 per cent of the salary (basic plus DA) under Section 80CCD(2) | |
International funds, investing overseas or investing in feeder funds, are treated as non-equity funds for taxation purposes | |
Balances held in NRE accounts can be repatriated abroad freely, whereas funds in NRO accounts cannot be remitted abroad but have to be used only for local payments in rupees | |
The direct plans do not spend money on commissions. The money saved is invested and it results in higher returns over a long period | |
If one of the joint holders (other than the first one) dies, the investment will continue to remain in the name of the first unit holder | |
If you want to draw pension from a different place, you have to furnish appropriate bank/post office address in the application form | |
Generally, long-term capital gains are taxed at 20 per cent , but in certain special cases, the gain may be taxed at 10 per cent | |
Rajiv Gandhi Equity Savings Scheme (RGESS) aims to encourage first time investors to invest in equity markets | |
Home | My Portfolio | Tax | Funds | Value Investing | Insurance | Income | Learn | Archive | Ask | Subscribe | About Us | Log In | Free Sign Up