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Q.

Hello Sir, myself new one in temporary job-earn 20k PM & want to invest for tax saving. Due to unknown this area, will be oblige If you can help me in my concern. My priority like; a) invest for short term3-5years; b)100% help to save tax-under 80 C; c)one time investment plan; and d)high growth rate or benefit but less risk due to belong low income group. Sir-to save the tax- needed to invest 75k & I want to invest min 50-60 k. Let me help to where, how and which particular category or organization or item I will invest my amount for good return in short term with less risk. Best Regards

Tags: b, d, area
Asked by Anu Priya, 11 Dec '07 06:22 pm
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Answers (9)

1.

give your money 2 me & i promise that i will never return them.
Answered by Kalyan Bhattacharya, 11 Dec '07 06:23 pm

 
  
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2.


without wasting any time earn money about 150$ per month in just 6 months,
no investment and paticular time, just few minutes on internet
and earn money so you can also try and see this on internet
so don't wasting your time to other scams
try this and earn more money,and more money

http://surf_n_earn_247.rediffblogs.com/
Answered by rajesh, 09 Jan '08 12:50 pm

 
  
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3.

visit www.valueresearchonline.com Mutual Funds section In Tax planning funds, pick top 5 performing funds and invest in equal proportion.
1.Principal Tax gain 2.Sundaram Tax Saver 3.Birla Sun life tax relief 4.Magnum Tax gain 5.HDFC Tax Saver
Answered by baratam sainarayanarao, 11 Dec '07 08:41 pm

 
  
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4.

RELIANCE TAX SAVING SCHEME IS THE BEST
Answered by sanjay gupta, 11 Dec '07 06:48 pm

 
  
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5.

I Have a following suggetions for you.

1) Go for a NSC Scheme but Block of Amount for a period of 7 years, and rate of interest is 7 to 8 %. You will get Tax Deduction upto Rs. 100000/- u/s 80C.

2) Another scheme is Mutual fund I sugest you to choose a good Mutual Fund Your self But ensure that it is Tazx Saving Plan and than invest on that The return is very high and risk is some what there but the return will be around 20 % to 50 % and Block in Period is 3 years, Maximum deduction u/s 80C is Rs. 100000/-

I Hope the above two details will satisfy you, Feel free to write more.

With Regards.

Bhavesh Dinesh Gohil.
Answered by Bhavesh Gohil, 11 Dec '07 06:27 pm

 
  
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6.

invest in ELSS
Answered by Jay, 15 Jan '08 07:50 pm

 
  
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7.

Going to facts of your Q, NSC is most suitable for You. Its maturity period is 6 Yrs & Interest rate is @ 8 %. Mutual Funds are also option for you, but that are subject to Market Risks.
Answered by RST JAIN, 11 Dec '07 09:48 pm

 
  
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8.

For Advice contact:
Vijay Prakash
Wealth Manager
945419043
Answered by Vijay Prakash, 11 Dec '07 08:22 pm

 
  
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9.

Tax exemption are available for MF schemes, which are known as UNIT LINKED schemes.

R K Agarwal
rkagr@rediffmail.com
Answered by RAKESH KUMAR AGARWAL, 11 Dec '07 06:42 pm

 
  
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