One should ensure that their Money also earn for them.
Saving your money from being taxed (legally) itself is earning.
So concentrate on Saving in such a way that your Income is not Taxed.
The Avenues to Tax Free Incomes
- Agriculture Income
- PPF and PF Maturity.
- Share Dividends
- Interest on Tax Free Bonds.
- Life Insurance maturity on certain Conditions.
- Long Term Capital Gains from Shares and Equity Mutual Funds. (Long term is holding beyond 365 days irrespective of Financial Years).
- Savings Bank Interest Up to RS 10,000/ per year.
INVEST WISELY. MONEY NOT TAXED IS MONEY EARNED. EARN MORE.
HAPPY INVESTING
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