| Mutual Funds
allows you to save tax through number of schemes. |
|
| Limitation
of Post Office Schemes |
| Many people
do not want to go for tax saving schemes offered by Post office as
the return in those schemes ranges from about 7% - 8% p.a. along
with lock-in period from 6 years to 15 years. Similarly, in case of
LIC policy, the premium has to pay for number of years and there is
no liquidity. |
|
| Why
Mutual Funds |
| Generally,
tax saving schemes have less lock-in period as compared to post
office schemes i.e. of 3 years which means you can withdraw your
money before 3 years. The returns have gone much higher than post
office schemes in the last 2 years. |
|
| |
|
Investment
Instrument |
Tax Free
Contribution |
Tax Free Income |
Tax free on
maturity |
Annual Returns |
|
ELSS Fund |
 |
|
|
42% |
|
PPF |
|
|
|
8% |
|
NSC |
|
 |
|
8.16% |
| 5
yr bank deposit |
|
|
|
7.5% |
|
Life Insurance |
|
|
|
- |
|
| |
| We've
selected some of the best schemes which offers tax benefits and
they've given good returns in the past couple of years. |
|
 |
Birla Tax Relief 96 |
|
SBI-MF Tax Saving Scheme |
| |
|
| |
Call now at
09810800392 (Delhi) to save tax by investing ELSS funds. We'll
not only help you in filling and submitting the form, but we'll also track
your investments. |
| |
|
