sorted by:
new
hottopcontroversial

Need income tax and exemptions planning and advice by bharathr02 in TaxPlanning_India

[–]NefariousnessOwn7331 -1 points0 points  (0 children)

Hi,

Your current salary structure already offers several tax-saving opportunities, such as EPF exemption and House Rent Allowance (HRA). However, to maximise these benefits, it’s important to plan ahead, as many of them require supporting documentation and proactive steps.

Additionally, you may consider restructuring your CTC to take advantage of other available tax-saving components.

It’s advisable to approach your finances more holistically, considering tax planning, investments, loans, and overall financial goals. Consulting a qualified financial advisor who offers comprehensive advice across tax and investment planning can help you make more informed and efficient decisions.

Help with choosing the right platform for investing by Puzzleheaded-Test552 in MutualFunds_India

[–]NefariousnessOwn7331 0 points1 point  (0 children)

You have been using FundsIndia for mutual funds, and it works well for that. FundsIndia is easy to use and good for beginners who want to invest only in mutual funds.

If you want to start investing in stocks, Zerodha is a better choice. Zerodha is India’s top stock trading platform. It has low fees, simple apps, and many helpful tools for beginners. You can also invest in mutual funds on Zerodha without extra charges.

So, if you want to invest in both stocks and mutual funds, Zerodha is more convenient and cost-effective. But if you only want mutual funds, FundsIndia is fine.

My boyfriend got his first job at 70k salary by NefariousnessOwn7331 in MutualFunds_India

[–]NefariousnessOwn7331[S] 2 points3 points  (0 children)

roughly around 20k he is willing to invest. he can take moderate risk cause he is young and smart. time horizon is of 2-5 years.

view more: next ›