Mistakes to avoid in tax saving investment rush before March 31

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ET Wealth Newsletter | Tue, Mar 15, 2016 | 09:20 AM IST

Tax saving investments: Here's what you need to know If you haven't already completed your tax saving investments it's time to do it now and here's help on how to do it.

Mistakes to avoid in tax saving investment rush before March 31 Unlike the ELSS funds, you can invest blindly in the PPF. If you already have a PPF account, just put the remaining portion of your Section 80C limit in it. Companies rushing to pay high dividends: Should you buy these stocks? Following Budget 2016, many companies announced high dividends. They are usually good investments, but may not be true in this situation. How to restructure your salary to pay less tax in FY 2016-17 With the appraisal season round the corner, it's time to optimise your CTC in accordance with the latest tax rules to reduce your tax outgo. Is there a tax saving investment option available in mutual funds? Benjamin Franklin once said "In this world, nothing can be said certain, except death and taxes". Tax Saving - the ELSS Way There are a number of investment options that can help you save taxes; however, the equity-linked saving scheme (ELSS) option not only helps you save tax but build wealth through disciplined investing. Why annuity plans are not a great idea Despite the recent reduction in service tax, returns from annuity plans remain too low. How to recover your forgotten stock investments Close to Rs 64,000 crore lies unclaimed in accounts. If you also have untraceable shares, some cos are ready to help you for a fee. Which gold investment option should you choose? Price of the yellow metal has been heading north since the beginning of the year. Should you put it back in your portfolio? Unwanted endowment policy: Should you surrender or convert to paid-up? With tax-saving deadline bearing down on investors and offers of insurance-cum-investment policies pouring in, most buy traditional endowment plans. Step by Step guide to choosing the perfect term plan When we are young, we don't think about death as something we need to plan for or even deal with. The single most important, thoughtful thing you can do for your family A plain-vanilla term insurance plan guarantees a significant payout in the event of the policy holder's death during the policy's tenure.

Financial Calculators Tax Impact Calculator This tax calculator will let you know how your tax liability changes post-Budget 2016. Just input your personal income details and know how much tax would now be payable. Home Loan Refinance Should you refinance your home loan? Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. More Calculators

How to mitigate credit risk in investments Whether it's on the stock exchange, in a bank or in a debt fund, credit risks are everywhere. Care and diligence can go a long way in mitigating them. The 7 best notebooks for those on the go Bulky notebooks are passe. Thanks to advancement in technology, sleek and lightweight models are easy to find today. ET tells you what is worth checking out in the market. Don't buy health insurance only to save tax Buy it for protection against spiralling healthcare costs. These are witnessing an inflation rate of 15%-20%, twice that of general inflation. Go online to catch the NPS bus before March 31 Opening an account takes just 30 minutes if your bank account is linked to your PAN or Aadhar card. 5 smart things to know about Unit Linked Pension Plans Unit-linked pension plans are market linked products with a choice of asset allocation of the fund and allowing one to withdraw one-third of the accumulated corpus, tax-free. Will your retirement corpus fall short? It takes both math and a set of assumptions about the future to estimate the adequacy of a retirement corpus. Low crude oil prices help BPCL's marketing business, make analysts bullish on stock BPCL has been a major beneficiary of the fall in crude oil prices and the resultant fall in underrecoveries in petroleum products. How to open NRI bank account from overseas By following these simple steps NRI's may complete the account opening formalities at their convenience, from the comfort of their overseas homes. The market overreacted expecting a rate cut: Sunil Subramaniam, Sundaram Mutual Fund "While the government has wisely decided against splurging on infrastructure in the Budget, there is no case for the RBI to front-load interest rate cut" 84% working women have health cover versus 72% home-makers: Max Bupa survey At 46%, Delhi homemakers are the least insured, while 84% of all working women are covered, according to a Max Bupa health survey on women. Kumars need higher equity exposure to realise financial goals "I want to know how to build a contingency fund and my financial road map for the future." — Hemant Kumar How Mumbai-based startup SchoolGuru is educating lakhs across India Today, SchoolGuru has partnerships with 12 universities and serves around 1.5 lakh students spread across eight states.

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