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Non-Convertible Debenture (NCD) IPOs offer investors a safer and more stable investment opportunity with consistent income flow. NCDs have high yields that often outpace bank FD rates and are a good channel for institutions to raise debt capital from the retail segment ....
India Business News: Learn about the latest interest rates on tax-saving FDs for senior citizens and how to submit Form 15H in SBI for tax savings. ....
Equity-linked tax savings schemes, the only pure equity investment in the Section 80C basket of eligible tax saving instruments, got net inflows of just Rs 3773 crore last year, the third least flows among 11 equity fund categories. The 3-year lock-in was the impediment. ....
In Union Budget 2023, Finance Minister Nirmala Sitharaman did not make any changes to Section 80C. Therefore, if you have opted for the old tax regimen, you can still benefit from deductions amounting to Rs.1.5 lakh under section 80C ....
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