News From Press Best strategies for tax-saving products

Best strategies for tax-saving products

Source: Mint Jan 25, 2016

Are you about to buy a life insurance policy or put money in a five-year fixed deposit just to exhaust your section 80C deduction of Rs.1.5 lakh? As soon as the human resources (HR) department sends an email with a deadline to submit proofs of expenses and tax-saving investments, you may be tempted to buy the first life insurance policy that comes your way. In fact, 30% of about 300 respondents admitted to making the mistake of running around at the last minute to save taxes, in a survey by BigDecisions.com, a financial planning portal (see Haste makes waste).

Click here to read more.

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Mutual Funds: Small, mid cap funds saw massive surge in folios in March

Need regular income? Try systematic withdrawal plan of mutual funds. Here’s how it works | Simply Save

Breadth of the market rally is narrowing. Where to invest?

Mutual Fund Investment: When is the right time to start investing in mutual funds?

Retirement Planning: How delaying investment by 10 years may cost you Rs 5.05 cr in retirement corpus

Midcap stocks that find no takers among active fund managers. Check your portfolio

Beyond Stocks and Bonds: Exploring alternative investments for portfolio growth

First-year premium of life insurers up 2 pc at ₹3,77,960 cr in FY24: IRDAI

Investing in passive funds? Keep it simple and don’t overthink: Pratik Oswal

Fund managers trim PSB exposure, see better value in private banks

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

AMCs can pay trail commission to the new distributor if investors initiate transfer of their assets. How will this impact you?

Help me get clients of other distributors who are underserved

Lead to poaching of clients

No significant effect on my business

EVENTS FORUMS