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Sec 80C

UCO Tax Saver Deposit Scheme – Interest & Annual Yield [Miss-selling Advertisement]

UCO Tax Saver Deposit Scheme Its Tax Saving Season and all financial institutions are trying to en-cash this opportunity. If you are risk averse then five year tax saving deposit is one of the best avenues to save tax. UCO bank in its advertisement has published its annual yield, but has conveniently ignored to print the actual interest offered. I […] Continue reading →

Best Tax Saving Mutual Fund / ELSS Fund to invest in 2012-13

Best Tax Saving Mutual Fund - ELSS ELSS (Equity Linked Saving Scheme) also popularly known as Tax Saving Mutual Funds are one of the best investments you can do to save tax and create wealth in the long run. But unfortunately according to the proposed direct tax code ELSS would be a thing of past and it would no more be eligible as tax saving instrument under section 80C of Income tax. Nevertheless Financial […] Continue reading →