I want to deposit an amount of Rs.80000/ with tax saving benefit. Which is better NSC or Tax Saver FD? Also shall I deposit the amount in one or split into two? Please clarify more
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INVEST IN LIQUID FUND OF MUTUAL FUND AND OPT FOR SYATEMATIC TRANSFER PLAN (STP) TO AN ELSS FUND @ Rs.2000/- ON 1,5.10,15,20,25 DATES, Rs.12000/- PER MONTH FOR 7 MONTHS IN THE FINANCIAL YEAR 2015-16. YOU CAN TAKE DEDUCTION U/S 80C OF INCOME TAX AND ALSO THE RETURN IS TAX FREE. GO FOR GROWTH OPTION IF YOU WANT LUMPSUM AMOUNT AT LATER STAGE AND GO FOR DIVIDEND PAYOUT OPTION IF YOU NEED MONEY IN BETWEEN. DIVIDEND IS ALSO TAX FREE more
Aug 27