Guide to Save Tax through Mutual Funds
A rupee saved is a rupee earned.
And a rupee well invested can grow a lot more.
With a significant amount of your earnings going in taxes, smart tax planning can
ensure you keep more of your hard-earned money. With the right knowledge and tax
planning, you can invest your money prudently to pay less tax and earn more out
of what you save.
Selecting the right tax saving instrument is the key and Mutual Funds are great instruments to invest in. Here is a guide to help you understand tax implications and issues regarding mutual fund investments. Read on to know how to use mutual fund tax rules to your advantage.
The information set out herein is for general purposes only and is not an offer
to sell or a solicitation to buy/sell any units of schemes of Principal mutual fund.
The information set out is neither a complete disclosure of every material fact
of the Income-tax Act, 1961 and/or income tax rules, nor does constitutes tax or
legal advice. Investors should be aware that the fiscal rules/ tax laws may change
and there can be no guarantee that the current tax position may continue indefinitely.
In view of the individual nature of the tax consequences, each investor is advised
to consult his/ her own professional tax advisor. The information/ data herein alone
is not sufficient and shouldn't be used for the development or implementation of
an investment strategy and should not be construed as investment advice. Investors
alone shall be fully responsible / liable for any decision taken on the basis of
this document. Neither Principal Mutual Fund/ Principal Pnb Asset Management Company
Private Limited nor any person/institution connected with it accepts any liability
arising from the use of this information. The investors should before investing
in the Scheme(s) of Principal Mutual Fund make his/their own investigation and seek
appropriate professional advice.
Back to Top