Taxes

Save more taxes – Invest in IFCI Infrastructure Bonds!

IFCI infrastructure bond 2011

I love to save Taxes and so do most people. And if you remember Finance Minister’s announcement in recent budget gave an opportunity to save taxes on additional Rs 20,000 by investing in Infrastructure bonds. In keeping with this IFCI has launched the first infrastructure bond recently. The subscription is open till 31st August 2010 […]

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Opprtunity to invest less and save more Taxes – Sundaram Taxsaver Fund

sundaram_tax_saver_fund dividend

Today Economic Times has a big advertisement of Sundaram BNP Paribas Taxsaver declaring dividend of 20% i.e. Rs 2 per unit. The payout date is 29th January 2010. As this is a good ELSS Fund and I have also recommended it in my previous posts. So people looking for Dividend Payout or Reinvestment option can

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Invest Less Save more tax by using Dividend Reinvestment for ELSS (Tax Saving Fund)

Tax Saving Mutual Fund - ELSS - Dividend Reinvestment

The “Investments for Tax Saving” Season is on and this post is in continuation with the previous few posts on ELSS (Tax Saving Funds). In one of the post I had said that you should either go for Growth or Dividend Payout Option but never with Dividend reinvestment option while investing in an ELSS. But

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