Effective from 2006,one more instruments was added in 80C section of Income Tax (though its already overcrowded) and it was Tax saver fixed deposit.Invest in bank deposits for 5 yrs and get tax benefit u/s 80C. Today we will take a look at such tax saver fixed deposits,how they differ from normal fixed deposits,what are…
LIC Samridhi Plus After Completion Of One Year:
LIC’s Samridhi Plus was a unit linked plan of LIC which offers payment of fund value at the end of policy term ,based on highest NAV (over first 100 months or at maturity which one is higher). This plan was opened on 25th Feb 2011 and actually fund operation was started on 31st May 2011.Recently…
Details Of UTI Dividend Yield Fund:
UTI Dividend Yield Fund: In recent days, inquiries about dividend yield funds are on rise.Do not know exactly but investors may want to take partial money back received through dividends. Dividend yield funds invests generally in high dividend paying stocks. As per current tax laws dividend received are tax free.Even if you receive dividend on second day…