The primary purpose of investing in this infrastructure bond is to save tax (maximum deduction u/s 80 CCF is Rs. 20,000) and get some return at the same time. However, the overall benefit to the investor will be far better than
Self-employment can be an interesting proposition as you get to play your own boss. Not just that, a self-employed person can also have income that is more tax efficient by at least 15% as against similar salary income.
Since we’ve had so many posts on bonds and tax saving instruments in the past few days I thought I’d keep the momentum going and write about tax saving fixed deposits in India today.
Here are few tax saving instruments available in India and their interest rate, minimum amount to invest, maturity years and tax benefit details.

The new direct taxes code could bring a large number of global Indians under the tax net as it does away with a provision that allowed individuals to escape tax in any country citing double tax avoidance.

I am young and healthy. Do I really need health insurance? Is it alright to take health policy online or is it advisable to take it through some insurance brokerage firm/ agent? Will the agent be helpful in settling of claims in future?
We have listed such frequent asked questions on Health Insurance and answers for the same in this article.
Nowadays market is flooded with Highest NAV Guaranteed ULIPs like LIC Wealth Plus and Reliance Life Highest NAV Guaranteed Plan. These plans give many people the wrong impression that they will get the highest returns from the stock markets. But is it true? Should you opt for it?
In this Union Budget Finance Minister has announced an addition of Rs. 20000 investment in Infrastructure Bonds will be allowed as deduction under Section 80C in addition to Rs.1Lakh limit. (Total 1.2Lakhs) Let us analyse in what way this is beneficial to us.
As long as you are paying rent for an accommodation, you can claim tax benefits on the HRA component of your salary, while also availing tax benefits on your home loan. This could be the case if your own home is rented out or you work from another city etc. However