A systematic Investment Plan (SIP) is a mode of investing in mutual funds. To invest in mutual funds, one can choose either the lump sum investment route or the SIP route. In SIP, investors can invest in mutual funds at...

Tax liability is the debt every individual, corporate, institution owes to the Central Government of India. The taxability, rate, type of tax depends on the type of income and the statutory body regulating such taxation. The taxes collected from the...

What is Section 80C of Income Tax Act? Section 80C of the Income Tax Act provides tax deduction up to Rs1.5 lakhs to individuals and HUF. The tax deductions provide a means for individuals to reduce their gross total income...

If you are planning for your tax saving, then a good option would be to invest in Health Insurance. Not only does it reduces your taxable income but also, provides you protection against the rising medical expenses. How much deduction...

What is Salary Slip? A salary slip or payslip is a document issued monthly by an employer to its employees. A salary slip contains a detailed breakdown of employee salary and deductions for a given period. This document can be either...

UAN is a 12-digit unique number assigned to every employee during their first job. UAN makes access to all PF online services easy. It is a platform where one can manage their multiple PF accounts under one umbrella. This article...

Tax free bonds are usually issued by companies owned by the Government of India. The interest earned on them is completely tax free in the hands of the investor. They are suitable for long term investments. However, they are liquid...

National Pension System (NPS) is a Central Government initiative to encourage retirement savings. Pension Fund Regulatory and Development Authority (PFRDA) regulates this long term investment scheme. The returns from NPS are not guaranteed and are market linked. This article covers...