Post office savings schemes provides security of capital and interest thereon and are best suited for conservative investors. The popularity of Post office savings schemes can be contributed to the fact that it appealed to every section of the society, rich or poor.
The price to earnings (P/E) multiple or ratio is probably the most popular indicator used by investors for valuing stocks. It is the ratio of a company’s stock price to its earnings per share.
The Government of India 8 per cent Savings Bonds, 2003 (taxable) scheme is another instrument suitable for investors seeking returns that are fixed and assured. GOI Savings Bonds may not be terrific investment option if you are looking for capital appreciation or a substantial margin over inflation.
Yes, you read it right! If the new Direct Tax Code Bill 2009 is passed by the Parliament in the winter session, paying 10% tax on income upto Rs.10 lacs, could be a reality very soon.
National Saving Certificates (NSC) are a time-tested tax-saving instrument that combine adequate returns with high safety. This is the only scheme which gives tax benefits on the investment and the interest which is reinvested.
The ban on entry load on mutual funds (MFs) has struck its first blow to the asset management industry, with the government-run India Post stopping the distribution of MF schemes through its designated post offices.
Public Provident Fund (PPF) is a savings-cum-tax-saving instrument. It also serves as a retirement-planning tool for many of those who do not have any structured pension plan covering them.
Small saving schemes are the most popular investment avenues among the general public. Safety, convenience, small investment and liquidity characterize these investments.
The Income Tax Department generates the acknowledgment form ITR V once you e-file your Income Tax Return. For increased security level to protect your financial information, this ITR V is password protected.
The information age has not done away with the need to keep your paperwork handy. It has only felicitated mode of storage! Much of the paperwork is connected to your income tax returns filing. For you, that means you need to be more organized with paperwork and keep them handy in physical or electronic format.