9.1% Sukanya Samriddhi Account – Saving Scheme for Girl Child Last week, Prime Minister, Mr. Narendra Modi launched Sukanya Samriddhi Account, saving scheme for child, which can be used for girl child education or marriage expenses. This is a small saving scheme which offers 9.1% interest rates for Financial year 2014-15. Amount deposited under Sukanya Samriddhi Account is exempted u/s 80C. What are the features of Sukanya Samriddhi Account ? What are the benefits of this saving scheme intended for […]» Read more
Smart ways working couples can save Income Tax together Are you earning along with your spouse, but still struggling with high income tax? Income tax would eat away some of your income. If you are working couple, there are several smart ways where you can save income tax in India. In this article, I would detail some of the specific ways on how you can save income tax for the income you are earning along with your spouse. Smart ways […]» Read more
Do you need to worry about investments to be done in tax savings beyond 6 years of your career life?
Do you need to worry about investments to be done in tax savings beyond 6 years of your career life? This is a short article and I would be spending little time on a wonderful tip I learnt from my ex-manager. There was a discussion among the group about investments to be done in income tax saving schemes. I was expressing my concerns about lump sum investments to be done every year till we retire to do tax savings. He […]» Read more
Do you need to wait upto Dec for investing in income tax saving schemes ? One of the problems I used to face along was, worrying about the investments to be done for income tax savings during Jan to Mar. Once we get into Dec, I used to fear about the huge amount to be accumulated to invest for tax savings. I was only wondering how can I accumulative such big money in a month or two during Dec/Jan. I […]» Read more