The words you are searching are inside this book. To get more targeted content, please make full-text search by clicking here.

Saving plans from are designed to help you grow your savings, provide you with life insurance cover and help you save tax efficiently.

Discover the best professional documents and content resources in AnyFlip Document Base.
Search
Published by mlall2054, 2017-05-10 06:12:29

10 Best Tax-Saving Investments

Saving plans from are designed to help you grow your savings, provide you with life insurance cover and help you save tax efficiently.

Keywords: Savings Plan

10 Best Tax-Saving Investments

The Public Provident Fund (PPF), though it does not give a very big return in the tax saving plan, but due
to its flexibility of investment, its smoothness in field of loans and withdrawals and its tax-free status
makes it a winner in this race for the best tax saving investments. With the same qualities of flexibility,
smoothness, high returns and tax-free status, Equity-Linked saving schemes hold the second spot.
However, the most loved, preferred and the favorite of Indian taxpayers are the traditional investment
policies that hold the meager ninth place. It is because they offer very little return and have poor
rigidity.

This might come as a very big surprise package for some readers because the much criticized and hated
ULIPs are at third spot. The ULIP tax saving plans are hardly ever checked or scrutinized, thus they still
remain a mystery. When Morningstar’s data was tracked on ULIPs it was found that in the past 1 to 5
years the returns had not been very nice. But those investors with some insight, who shifted their
money between debt and equity without incurring any taxes, the ULIPs proved to be a very useful
instrument.

All of us have tried our level best to get the tax saving plans to divide the poor investments from the
best ones by giving a star grade to the many tax saving plan options. This star grade system is very useful
for the new investors as well as seasoned investors. This system will act as a guide for the investor while
clearing his doubts and help him a gain superb financial position.

Choose the convenient:

around the globe, most Best Savings Plan in the top ten sectors and top ten stocks. These investments
give the investors an option of worthy returns that can be earned. But a relatively minor amount of risk
is attached to these funds with these investments; one of the main reasons is that the investments are
made in a highly diversified nature. There is presence of a system which provides tax saver funds much
better stability in comparison to other risky investments.

The perfect way of saving money:

the perfect way for you to invest your money in the economy markets is the tax saver mutual funds. In
other words, it is a way of conserving your future while assuring you of getting a tax break, from the
entire tax burden without breaking any fiscal law. Thus, under comparatively zero risk situations, you

are creating a situation of good wealth for yourself. Thus, by selecting a tax saving plan you have a far
better chance with economical freedom. Moreover, you are greatly increasing your success graph.

Source: [https://goo.gl/ubv7k0]


Click to View FlipBook Version