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5 Best & Top performing Tax Saving - ELSS Funds - 2019 There are nearly 50 days to complete this current financial year 2018-2019. The date of Income tax filing will start from the April 1,2019 for the FY2018-19 (Assessment year 2019-20). Tax Rebates and Standard Deduction amount increased in the interim budget of this year, will apply for the next financial year 2019-20. There is no change on Income tax slab and its rate in the recent budget. Most of us, using the Section 80(C) of Income Tax act during the last minute to get the tax exemption for their Taxable income. So, they are impatient and doing their tax saving investments between January and March every year, it's not a good thing. The best time to start to invest for tax saving is at the start of the Financial year and it must be related on your Financial Goals. Under Section 80C of Income tax act, one can save up to Rs. 1.5 lakh in a Financial year. It is also not good to put your whole money in an insurance product f

Interest rate history of Public Provident Fund(PPF) When it comes to Safe Investment or savings, the debt markets should be considered. Although the debt market investments are available in the mutual funds, but still we have a safer side on Banks and Post Offices. There are so many small savings schemes available in the above said. The state and private employees do not have a regular pension today, the Provident fund(PPF) is still attractive. If we see the PPF interest rate history over the last 20 years, it was decreasing due to the inflation rate. However it is always a good investment avenue for the retirement life. Prior to the year 2001, the interest rat for the PPF, was above 10 percent. On that period, Inflation in India is just a bit too high. From the year 1986 to 2000, the interest rate were stood at 12 percent. This is the rate that Mutual Fund investments are giving today. The period between 2001 and 2002, the public provident fund interest rate were seen at 9 to 10 perce

Budget India 2019 - Highlights Over the past few weeks, the Indian Stock market was moving forward with the expectation of Budget Announcement. The Indian Stock market rallied before the budget day and in the budget day. No one expected on budget day, the prices of Automobile sector went up due to the price cut on GST and related news on Agriculture. On February 1st, the budget bill for the 2019 was announced by the Finance Minister Mr. Piyush Goyal in parliament. Finance Minister said in the end of budget day, 'It's not an interim budget, this budget is the roadmap for development for Indian economy '. As everyone expected, the offer had in the Income Tax. Without changing the rates in the Income Tax slab, cleverly the tax rebate was offered. It was called as a budget that would benefit for the Farmers, the Unorganized Labors and the middle class men. However as the opposition parties said that the budget was based on upcoming election. So, we can expect what are the thing

Will the Budget 2019 be the favorite day of the Indian Stock Market ? The Budget to be held tomorrow (1st February, 2019) may not an Annual budget, it would be interim budget. The Government's Budget in a country is gaining importance among the people, not only for the Financial Markets. There are lot of interests and expectations about the budget that if any other concessions, policies and other financial aspects by each of us. The Budget for a country will be similar, like the budget we are making in our family. So, we cannot just let this be the budget for the Government, It's everyone's Financial Budget. This system will be beneficial for us to see how the current government has budgeted its Income and expenses in the past and for the upcoming days. Two decades ago, usually the budget file will be published in the evening of the day. But over the past periods, it was changed to announce in the first week of February and in the morning time. So, it will help us to find a

The Four Pillars for the effective Investing Everyone is looking for a new investment opportunity by everyday. There are so many investment opportunities available, but not all investments are the same. Some investment products are less expensive, few are risk free and some may not yield the expected returns. As for the Investment equipment, most are determined by the mindset or behavior of the investor. Although some global investments available today, it simply varies from the mindset of every investor. Some people are choosing their investment avenues without knowing the risk factor on its investment. Some may miss the prospect of a better returns, despite the possibility of taking a Risk. This post will be for everyone who is looking for an investment opportunities with a different side. Whether you are looking for any investment opportunity or deciding on investment tools, here is a good thing for you. I am not come here to tell you about the income or returns you expect. But, it&

Stock Market Performance in India - Since 2010 The Indian economy has a rapid growth in the developing nations. While the Indian Stock market has been seen as fluctuating over the last ten years, still it has long been a better development and a good market. If we take the Stock Market in India since 2010, the CAGR(Compound Annual Growth Rate) are higher than the bank deposit rates. In the upcoming years, the stock indices are more depend on the listed Companies' revenue. As we have already seen, although the Indian Stock market did not get much returns in the past year 2018, but the market has not fallen as compared to other markets globally. Last year, the Indian stock market ended in a green signal, as the US Market, China, London Exchange and Japanese indices were ended with a Negative return. The Bombay Stock Exchange Sensex gained 8 percent and the National Exchange NSE - Nifty50 at 9 percent, while measuring up from the year 2010 - 2018. Since 2010, the Sensex was failed in

My Portfolio – Stocks – Updated on December 2018 It's my new Stock portfolio, i am posting here after quitting my regular job. After that I started to invest a little bit more aggressively. Prior to this, I had a long term strategy, and now i have invested in the stock market for my short term needs too. I did not recommend this initiative, what i am doing now. Everyone should try to see the Stock market as a long term investment. So, it will take care of you for the long life. Those with a short term goals or needs, they may choose mutual funds. Tata Motors standing position in my Stock portfolio, is still making a difference on my capital and as well as on Return on Investment(ROI). Now, the ROI for the Tata Motors for me is at (-40) percent . The Slowdown in sales combined with JLR has reduced the net profit. However it looks as if JLR and other business of Tata Motors are looking different, then it will be good on that scenario. In the last year 2018, the Stock market hadn'