SEBI (Mutual Fund) Regulations 1993 defines Mutual Fund as “a fund established in the form of a trust by a sponsor to raise money by the trustees through the sale of units to the public under one or more schemes for investing securities in accordance with these regulations”.
February 9th, 2009 | Shabbir Bhimani | 43 comments | ContinuedTax planning
80C Tax Saving Mutual Funds
Its high time when every one of us start looking for saving tax and so I thought would make a post here where you can find all the funds where you can invest to save your Tax. This are all Equity based ELSS Funds.
January 20th, 2009 | Shabbir Bhimani | 74 comments | ContinuedFull tax saving without investing one lac
Did you know that you can save taxes on the Rs 1 lac limit (the limit under Section 80C) yet invest much less than that? Sounds impossible, doesn’t it? I have done the same last year and will be doing the same this year.
February 16th, 2008 | Shabbir Bhimani | 66 comments | Continued