Mumbai: Systematic Investment Plans (SIPs) - a mutual fund equivalent of banks' recurring deposits - may be one of the best ways for retail investors to put money in equity schemes.
Health insurance is a contract that requires an insurer to cover a portion of an individual's medical expenses in exchange for premium payments. It helps reduce out-of-pocket costs for healthcare services such as doctor visits, hospital stays, and medications. Coverage and costs vary depending on th...
Section 80C of the Income Tax Act, 1961, is a widely used tax-saving provision in India, offering deductions for investments and certain expenditures. It allows individuals and Hindu Undivided Families (HUFs) to claim deductions of up to ₹1.5 lakh annually from their taxable income, effectively redu...
Section 80CCH of the Income Tax Act in India was introduced to provide tax benefits for contributions made towards the National Pension System (NPS). This section offers an additional tax deduction specifically aimed at encouraging taxpayers to invest in their retirement through the NPS.
Under Sectio...
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