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

MF Query: How to deploy Rs 15 lakh lump sum investment in current market conditions

You don’t need to buy compulsory personal accident insurance cover more than once

Stress levels of over 40% of small-cap MF schemes higher than February amid steady inflows

Invest 35% of portfolio in multi-asset, equity savings funds, says Motilal

Quant vs PPFAS Mutual Fund: Two fund houses are taking opposite cash calls amid market correction

Mutual funds: How market price correction would affect the value of your large-cap, mid-cap, small-cap funds. Check details

Stock market volatility: MF, PMS and AIFs are betting on these mid-cap stocks. Check if you own any

China or the US: Which is a better market now to bet on global diversification?

Bear Market Blues: Should you hold, sell, or buy more equity mutual funds now?

Invest Wise: Long-term SIPs and top-ups will help build a sizeable corpus

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

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS