Sunday, February 21, 2016

Invest Rs 1.5 lakh in PPF Accounts and Save Tax

Invest and Save Tax Online
 Public Provident Fund (PPF) rule allows the subscriber to open an account in the name of minors apart from his own account. However, the total contributions are subject to the maximum investment limit of R1.5 lakh in a financial year. That means you cannot invest more than R1.5 lakh in these accounts in a financial year.
 

Can I invest Rs 1.5 lakh in three PPF accounts?

Public Provident Fund (PPF) rule allows the subscriber to open an account in the name of minors apart from his own account

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Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016

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

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

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