Pay zero income tax on Rs 10 lakh salary; check calculation to save money
Taxpayers earning above Rs 10 lakh usually cough up thousands of rupees as income tax, if not lakhs. However, by investing in the right tools, you won't have to pay a single penny.
Jan 05, 2022, 19:20 PM IST
Here's why ELSS is best tax-saving instrument under section 80C
Looking into the data of the last five years, ELSS returned over 19 percent.
Jan 31, 2018, 12:54 PM IST
You must know these things before investing in ELSS
The tax deduction under the scheme goes up to Rs 150,000 from the total annual income.
Jan 05, 2018, 11:09 AM IST
How to turn Rs 1,000 into Rs 30 lakh; mutual fund portfolios you should invest in
Mutual funds is one such example of flexible and liquid funds that can be redeemed at any time.
Jan 04, 2018, 07:03 AM IST
2018 financial resolution: 10 mutual fund portfolios for first-time investors
Choosing the right type of mutual funds is described as the first step to begin investing in mutual funds.
Jan 03, 2018, 11:03 AM IST
ELSS can give you better returns than other tax saving options: Report
This is the high time when the investors look for better ways of tax saving in the market.
Dec 14, 2017, 12:25 PM IST
Retail investors push equity MF inflow to Rs 20,000-crore in November
According to Amfi data, equity funds, which also include equity-linked saving schemes (ELSS), saw net inflows of Rs 20,308 crore in November, compared to Rs 16,002 crore in the preceding month.
Dec 12, 2017, 17:01 PM IST
Gold ETFs register Rs 500 crore outflow in Apr-Nov FY18
Trading in gold ETF has been lukewarm in the previous four fiscals.
Dec 11, 2017, 16:29 PM IST
Gold ETFs continues to lose sheen as an investment class
Trading in gold ETF has been lukewarm in the last four fiscals.
Nov 14, 2017, 16:31 PM IST
Gold ETFs register Rs 388-crore outflow in Apr-Sept
Trading in gold ETF segment has been tepid during the last four financial years.
Oct 17, 2017, 14:36 PM IST
Gold ETFs register Rs 300 crore outflow in Apr-Aug FY18
Equity and equity-linked saving scheme (ELSS) saw an infusion of more than Rs 61,000 crore during the first five months (April-August) of the current financial year.
Sep 12, 2017, 13:26 PM IST
Gold ETFs see Rs 200 crore outflow in Q1; asset base slumps 22%
Gold exchange traded funds (ETFs) continued losing steam as an investment class with investors pulling out more than Rs 200 crore from the instrument in the first quarter of the current fiscal, preferring equities over them.
Jul 11, 2017, 15:00 PM IST
Mutual Funds' asset base drops 1.15% to Rs 19 lakh crore
The mutual fund (MF) industry's asset base declined marginally by 1.15 percent to Rs 19.03 lakh crore at the end of May, mainly due to outflow from money market segments.
Jun 07, 2017, 17:24 PM IST
Mutual Funds' asset base crosses Rs 19 lakh crore mark
The mutual fund (MF) industry's asset base has crossed the Rs 19 lakh crore mark in April on the back of fresh inflows in equity, debt and money market segments.
May 08, 2017, 13:45 PM IST
Mutual Fund folio count climbs 70 lakh in 2016 to record 5.3 crore
Driven by strong participation from retail investors, mutual fund (MF) houses have registered an addition of nearly 70 lakh investor accounts in 2016 taking the total tally to nearly 5.3 crore.
Jan 11, 2017, 13:54 PM IST
Mutual Funds add Rs 4-trillion to kitty in 2016, eyes Rs 20-trillion mark in 2017
Helped by growing interest from retail investors and aggressive buying of stocks, mutual fund industry grew at a rapid pace in 2016 with addition of almost Rs 4 lakh crore, or 28 percent, to its asset base and is looking to cross Rs 20-trillion mark in the new year.
Dec 20, 2016, 13:50 PM IST
Equity MF inflows hit 5-month high of Rs 4,438 crore in April
Equity mutual funds witnessed an inflow of Rs 4,438 crore in April, making it the highest in five months, primarily on account of strong retail participation.
May 09, 2016, 15:06 PM IST
