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Sukanya Samriddhi Account Scheme is a small deposit scheme for girl child, which provides income tax deduction on contributions under Section 80C of the Income Tax Act | |
You can claim your Income Tax refund by filing the Income Tax Return (ITR) on your income | |
The mutual fund industry has moved away from closed-ended products because they have a long list of disadvantages over open-ended schemes | |
Since you haven't specified the months, it is not clear whether you held your investments for three years | |
The aggregate amount of deduction under section 80C, 80CCC and 80CCD(1) cannot exceed Rs 1.5 lakh | |
If you have any ongoing investments in any mutual funds serviced by Karvy, you must update your details before 31 December |
The Endowment Assurance policy will pay sum assured upon demise of the policyholder | |
If you surrender now, you will lose premiums paid till date as you have not even completed three years with the policy | |
The basic idea behind the concept of indexation is that inflation eats into returns and tax should be paid only on the real gains | |
Only individuals between 18 and 60 years can join NPS | |
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