What is Income Mutual Funds, Benefits & Returns
Income Mutual Funds are Debt funds that provide regular income on investments to meet post retirement expenses. Regular Income Mutual Fund
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What is Hybrid Mutual Funds, Best Hybrid Funds & Benefits
Hybrid Mutual Funds invest in equities and debt instruments, and hence helps us in diversification to minimize risk and get better returns..
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What is Money Market Mutual Funds, Features & Benefits
Money Market Mutual Funds invest in debt instruments that have high credit ratings like certificate of deposits (CD), Treasury bills (T-bills)
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What is Debt Mutual Funds, Taxation & Benefits
Debt Mutual Funds invests in corporate bonds, government securities, commercial papers, etc. and provide decent returns with simple taxation..
What is Equity Mutual Funds, Features & Benefits
Equity Mutual Funds invest in equities or stocks of the companies. At least 60% of Total Assets must be allocated to equity. Remaining to debt or cash..
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Section 80C to 80U Income Tax Deductions
Section 80C to 80U includes multiple tax saving options with old tax regime to reduce your tax liability. EPF, 5 Year Fixed Deposits, ELSS..
Types of Mutual Funds in India [EXPLAINED]
Types of Mutual Funds in India.. Based on Asset Class – Equity Mutual Funds, Debt Funds, Hybrid Funds, Money Market Funds..
Section 10(5) – Leave Travel Allowance Income Tax Exemption
Section 10(5) of income tax act allows income tax exemption for travel cost incurred by you within India as LTA exemption or LTC exemption..
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Section 10(13A) of Income Tax Act – HRA Exemption
Section 10(13A) of income tax act allows to claim HRA (House Rent Allowance) that you receive in your salary payslip if you pay house rent
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Section 80RRB – Income Tax Deduction on Patent Royalty
Section 80RRB of income tax act allows you to claim deduction on income earned from royalty payments received on patent work created by you..
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