had invested Rs 20000 in a debt fund in January 2009 Now I plan to convert the fund to an equity or taxsaving fund of the same fund house by STP Rs 1500 per month from August How will tax impl
Last week I wrote about how taxsaving investments need to beinvestments first and then taxsavers Investors tend to choosetheir taxsaving investments carelessly They invest in certain instrumen
mutual fund tax cost ratio measures the amount of a fundaposs return that is lost due to taxes paid on The tax cost ratio assumes taxes are paid at the Federal level and at the highest tax bracket The
stock markets sharp swings unnerve you look beyond the equitylinked savings schemes ELSS to save your taxes Although stock markets provide better returns over the long term taxsaving can be m