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Mutual Fund - Tax Saver plans? |
What are these tax saver plans ? Like I found some of them HDFC Taxsaver , SBI Magnum Taxgain , ICICI Prudential Tax plan , Principal Tax savings etc ...Now are these anything to do with Tax ? Can I BUY THESE MF's just like any other MF's ? Are you in India? |
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I think it is allowed. But not 100% sure. Please clarity the same with your tax consultant. If you have invested your money and purchased the Reliance Tax saver, then you can claim rebate u/s... Alright man.... Not to be crude but if you are smart, you don't invest in anything for the short term. But if you want fast growth, I would look into purchasing either penny stocks or look at... The dividends go on the line of the 1040 just below the interest, line 9. If there are capital gains distributions from the mutual fund (most of the time, there are) those will go on your schedule... Your attention is invited to definition of "input service" under CENVAT Credit Rules on the link below: ... Buyer's market, keep them there, buy more. The econ. will swell back eventually, then your shares will skyrocket. You sell out, then where are you when the prices go back up? ...So far the two above suggestions aren't to good. But that's what you get for asking strangers whose qualifications and motives can't be known. Franklin Templeton is a better than ... I'm not an expert, but it seems to me like the two biggies would be the health insurance (because if anything goes wrong that can set you back really fast) and the house (because eventually th... Normally the rule of thumb is to save at least 10% of your income. However generally high income households need to save more percentage-wise. You should max(15500/each) out your 401k(s) if offer... |
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