ย Income Tax Deductions

Deductions…. Last Updated FY 22-23 Sr. No. Section Details Limit Comment 1 80C Payment towards Life Insurance Premium Rs.150000 Conservative Investment. 2 Provident Fund Applicable if you are salaried. 3 Repayment of Housing Loan (Principal Component) Applicable...

Budget Updates – All Years

Budget Analysis 2024   Opportunities General state of economy – very goodย  Fiscal deficit @ 4.9% and path towards reduction Allocations – Infra (11 lakhs), Housing (10 lakhs), Defence (4.5 lakh), Rural (2.66 lakh), Agri (1.5 lakh) , Education (1.25...

Mutual Funds Products Update

IPO IPO’s have lately been making a lot of money for everyone. An IPO fund is an interesting way to participate in this activity. We have identified an opportunity with an IPO fund; a mutual fund scheme that invests and IPO’s on an institutional level and...

๐—ฃ๐—ฒ๐—ฟ๐˜€๐—ผ๐—ป๐—ฎ๐—น ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฅ๐˜‚๐—น๐—ฒ๐˜€

– Rule of 72 (Double Your Money) – Rule of 70 (Inflation) – 4% Withdrawal Rule – 100 Minus Age Rule – 10, 5, 3 Rule – 50-30-20 Rule – 3X Emergency Rule – 40โ„… EMI Rule – Life Insurance Rule ๐—ฅ๐˜‚๐—น๐—ฒ ๐—ผ๐—ณ ๐Ÿณ๐Ÿฎ No. of yrs...

Small cap fund Recommendation

Good things come in small packets, right? We have something just like that. Our key recommendation for youโ€ฆ Small cap funds. You might be astonished to know that these funds have delivered in excess of 80 to 90% returns in the last one year. But does that mean that...