Investment banks are very popular in India that take care of the capital needs. An investment bank helps corporations, governments and individuals by providing financial assistance. They also assist in foreign exchange, equity securities, meters and acquisitions of companies and other services like fixed income instruments and market making. Most of the banks in India [...]
How to open PPF account The Public Provident Fund (PPF) is one of the best tax saving investment options. You get the deduction on the income but icing on the cake is that the interest that is earned is tax free. PPF is a long term debt scheme by the government of India where the [...]
The infrastructure bonds are the best option to save tax. The Government of India allowed following finance companies to issue these infrastructure bonds : 1) Life Insurance Corporation (LIC) 2) Industrial Finance Corporation of India (IFCI) 3) Infrastructure Development Finance Company (IDFC) The infrastructure bonds get a deduction up to Rs 20,000 under the section [...]