Income Tax Exemptions These Deductions are not eligible for Taxpayers opting New Regime u/s 115BAC , except u/s 80CCD(2), 80CCH Combined Deduction of Max 1,…
ELSS MUTUAL FUNDS ELSS (Equity Linked Savings Scheme) is a popular investment avenue in India, especially known for its dual benefit of tax-saving and wealth creation.…
Close ended Schemes Close-ended schemes in mutual funds are structured differently compared to open-ended schemes. 1. Characteristics : Close-ended mutual fund schemes …
Open Ended Schemes Open-ended schemes in mutual funds are the most common type in India, offering daily liquidity and flexibility to investors . 1. Characteristics : O…
Interval Schemes in Mutual Funds Interval schemes in mutual funds refer to a specific type of scheme where investors can buy or sell units only during specified intervals rather than…
What is Atal Pension Yojana Scheme? Atal Pension Yojana (APY) is a government-backed pension scheme aimed at providing a regular income post-retirement for workers in the unorganized se…
What is Sukanya Samriddhi Yojana (SSY Scheme)? The SSY Scheme, also known as the Sukanya Samriddhi Yojana, is a government-backed savings scheme specifically designed for the benefit of the girl c…