Saturday, January 16, 2016

Provident Fund repayments linked to Aadhaar

 Provident fund repayments linked to Aadhaar

With the Supreme Court allowing linking of provident fund with Aadhaar, the Employees' Provident Fund Organisation can go totally online. For example, settlement of accounts, an offline process, can now be done through the usage of Aadhaar. In addition, since the card has been allowed for pension schemes, the money can be deposited directly to a pensioner's account. Even if the pensioner dies, things can move rapidly if his/her nominee's details are with the department. At present, it takes three to six months for transfer of such details.
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Invest Rs 150000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

There are a lot of mutual funds that customers can choose from but some of the best Tax Saver mutual funds in India right now are:

Top 10 Tax Saver Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan
This list constantly under goes changes based on improvement or reduction in performance of the mutual fund. That could change the position of these funds among the top 10 Tax Saving Mutual Funds in India.

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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