Tax planning

Impact of DTC on ELSS Funds

by Shabbir Bhimani on March 9, 2011

ELSS will not be an option once DTC is enforced. Till we have the option I am definitely going to use it to get Full tax saving without investing one lac into the Best dividend paying Tax Saving Funds.

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How Unsafe Is Income Tax India e-filling

by Shabbir Bhimani on December 13, 2010

December 15 is the last date for quarter’s Advance Tax Filling and this time I thought of registering myself at Income Tax India e-filling to view my fillings online. When you click on the register link it asks for a PAN Number. Once you provide a valid PAN number you can proceed further. The shock [...]

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New Direct Tax Code Hits Badly to Mutual Fund Investors

by Shabbir Bhimani on September 1, 2010

Much talked New Direct Tax Code has hit very badly to mutual fund investors and mutual fund houses. ELSS and Dividend were two of the few better aspects of mutual fund investing are now history. Let us see in details each one of them.

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New Direct Tax Code

by Shabbir Bhimani on August 26, 2010

New taxation rule is in talk once again and so I would like to point you to one of my article where I shared How New tax Code can Impact us?

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All You Need to Know about ULIPs

by Shabbir Bhimani on March 6, 2010

Its Fiscal Year Ending and all we have in our priorities is tax savings and many users ask me about ULIP and so here I come with the all you need to know about ULIPs in practical terms. What it is ? How you can benefit from it? What are the features any ULIP should have? Why ULIPs are so popular?

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How New tax Code can Impact us?

by Shabbir Bhimani on February 2, 2010

After my post on Better Way to Save Tax there were lots of emails where I am asked about the new tax code proposal and my view on it and so today I thought I will clarify it for once and for all.

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Better Way to Save Tax

by Shabbir Bhimani on January 20, 2010

It’s that part of the year when everyone is looking for ‘tax saving’. Normally we look at sections like 80C and 80D, figure out what qualifies for deductions and proceed to make those savings and investments. But have you ever asked if there is any better way to Save your Tax? I will discuss few of the ways and see if you can better your way of saving Tax.

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4 Tax Tips – Best of 2009 at shabbir.in

by Shabbir Bhimani on December 31, 2009

This is the second post of the best series of 2009. First was on Investment and second on Tax

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Dividend or Return on Tax Saving Funds

by Shabbir Bhimani on September 1, 2009

After suggesting Best Tax Saver Funds on the basis of dividend the question of many readers of the blog is. What they should choose, Dividend or Return?

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Why you should File your Tax Returns?

by Shabbir Bhimani on August 30, 2009

Paying tax is not your only duty but even filing tax returns. I would list some benefits of filing your tax returns and why you should File your Tax Returns?

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Best Tax Saving Funds

by Shabbir Bhimani on August 11, 2009

List of some of the best Tax Saving mutual funds. The list of funds selected are based on criteria of consistent dividend for a long period of time.

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Dividend History of Mutual Funds

by Shabbir Bhimani on August 10, 2009

In this article I would tell you how to find the Dividend History of any Mutual Funds in India.

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Real estate investment in India

by Shabbir Bhimani on July 30, 2009

Actually we do not do investment in equity but try to make quick bucks out of it but for real estate we are actually an investment minded. Its just that we need to change the mindset and nothing more.

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Positive towards ELSS part of asset allocation

by Shabbir Bhimani on February 28, 2009

I am making this statement because ELSS comes with a mandatory lock-in period of three years. This happens to be the smallest lock-in period that is available in the 80C basket. You can compare this with PPF, which matures in 15 years, NSC in 6 years and FD requires five years to get the tax break.

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80C Tax Saving Mutual Funds

by Shabbir Bhimani on January 20, 2009

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.

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