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   Tax benefit under Section 80C: Under Section 80C of the tax laws, certain investments and expenses are eligible for tax benefits. Here are some examples of investments and expenses that qualify: 1.Life Insurance Premiums: Premiums paid towards life insurance policies, whether for yourself, your spouse, or your children, are… Read More »