28th March, 2019
Description
We are in a new financial year 2017-18
You will work hard and save a significant sum, but the TAXMAN will come to claim his due!!
The typical salaried or self-employed professional has been used to saving tax by investing in conventional Fixed Income instruments like Insurance, ULIP, Company PF, Public Provident Fund (PPF), Tax Saver Bank Term Deposits etc (view image attached)
Unfortunately, developments over the last 1 year have steeply eroded returns on most Fixed Return Saving Instruments
For instance,
- Statutory PF and Public PF rate of return is down to 8.1% p.a (earlier 8.7%)
- Bank Fixed Term Deposits earn no more than 7.5% p.a - Demonetisation effect
- Returns earned from these investments (except PPF) are all subject to tax either on the interest paid (or) withdrawn amount
- RBI is expected to cut interest rates further by 0.25% - Further drop in FD and PPF returns
Can you do anything to stop the erosion of returns on your hard earned income, savings and tax investments?
Equity Linked Savings Scheme (ELSS) is the way out!!
Speak to us (or) visit www.dhanayo.ga to know more how to SAVE on TAXES and also earn SOLID returns!!!
You will work hard and save a significant sum, but the TAXMAN will come to claim his due!!
The typical salaried or self-employed professional has been used to saving tax by investing in conventional Fixed Income instruments like Insurance, ULIP, Company PF, Public Provident Fund (PPF), Tax Saver Bank Term Deposits etc (view image attached)
Unfortunately, developments over the last 1 year have steeply eroded returns on most Fixed Return Saving Instruments
For instance,
- Statutory PF and Public PF rate of return is down to 8.1% p.a (earlier 8.7%)
- Bank Fixed Term Deposits earn no more than 7.5% p.a - Demonetisation effect
- Returns earned from these investments (except PPF) are all subject to tax either on the interest paid (or) withdrawn amount
- RBI is expected to cut interest rates further by 0.25% - Further drop in FD and PPF returns
Can you do anything to stop the erosion of returns on your hard earned income, savings and tax investments?
Equity Linked Savings Scheme (ELSS) is the way out!!
Speak to us (or) visit www.dhanayo.ga to know more how to SAVE on TAXES and also earn SOLID returns!!!
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Ad ID: 4039
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