Tag Archives: #SIPInvestment

Systematic Investment Plans (SIP)

Understanding Systematic Investment Plans (SIP) in India: Introduction: In recent years, Systematic Investment Plans (SIP) have gained immense popularity among Indian investors as a disciplined and convenient way to invest in mutual funds. SIPs offer a systematic approach to wealth creation by allowing investors to regularly invest a fixed amount in mutual funds, regardless of… Read More »

121 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:   Life Insurance Premiums: Premiums paid towards life insurance policies, whether for yourself, your spouse, or your children,… Read More »