Tag Archives: #InvestmentFlexibility

Are certificate of deposits liquid assets ?

Certificate of deposits

Certificate of deposits     Certificate of deposits: Certificates of Deposit (CDs) are typically recognized as assets that can be easily converted into cash. However, their liquidity might be subject to specific limitations. CDs are financial instruments issue by banks or other financial institutions that offer a fixed interest rate over a specific period of… Read More »

What are the requirements for an investment to be eligible for tax benefit under Section 80C of the Income Tax Act?

Tax benefit under Section 80C

Tax benefit under Section 80C   Understanding Tax Benefits Under Section 80C of the Income Tax Act Tax planning is crucial for optimizing savings and reducing tax liabilities. One of the most popular sections for claiming deductions is Section 80C of the Income Tax Act. To take advantage of these benefits, it’s essential to understand… Read More »