Skip to main content

Plan your Finances 2018

Start Saving for Tax 2018 by Investing in ELSS Funds Online


Go through this calendar to make sure your finances remain on track as you spend and invest wisely all year long. 

January 
  • If your finances are not in order, create a budget and set long-term and short-term financial goals.
  • Estimate the monthly outgo, big spends and investments for the entire year.
  • Set reminders for insurance premiums, credit card bill and utility bill payments.

February 
  • 1st: Budget to be announced. Check how your income and investments are affected and prepare to take suitable action.
  • Claim allowances before March as some like LTA can't be taken while filing tax returns.

March 
  • 15th: Last date for paying the fourth instalment of advance tax for 2017-18.
  • 31st: Last date for linking Aadhaar with PAN, bank accounts and financial services. Comply before the due date.
  • Do not make last-minute tax-saving investments that are not in line with your goals.
April 
  • 18th: It's Akshay Tritiya and if your portfolio has less than 10% gold, buy it.
  • If you've got an increment, raise investments in line with the hike. If you have a bonus, repay debt, make a big purchase or invest it.
  • If you are planning to take a vacation in May or June, book your air tickets and hotel now.

May 
  • 3rd: For senior citizens above 60 years, this is the last date to invest in the Pradhan Mantri Vaya Vandana Yojana. It provides an assured return of 8% per annum and pension is payable for 10 years.
  • Start planning your tax-saving investments as per your financial goals and risk appetite.

June 
  • 15th: Last date for paying the first instalment of advance tax for 2018-19.
  • Complete your paperwork. Review your insurance needs, monitor your investment portfolio, review your budget, write a will.
  • Go for the much-needed vacation!

July 
  • 31st: Last date for filing tax returns. You will pay a penalty of Rs 5,000 if you file before 31 December, or Rs 10,000 after this date. There's also a new tax structure: 5% tax for those in Rs 2.5 lakh- Rs 5 lakh slab, rebate of Rs 2,500 for Rs 2.5 lakh- Rs 3.5 lakh category, and 10% surcharge on total tax for those in Rs 50 lakh- Rs 1 crore slab.

August 
  • Check if you are spending more on your phone, Internet and cable plans or subscrip tions. If yes, change to a suitable one at the earliest.
  • 15th: As Independence day (15th) falls on Wednesday and Parsi New Year (17th) on Friday, take a leave on 16th and go for a weekend trip.
September 
  • 15th: Last date for paying the second instalment of advance tax for 2018-19.
  • This is a good time to paint or renovate your house in preparation for the festive season set to begin next month.


October
10-18th (Navratri) & 15-19th (Durga Puja): The festive season has begun and you should have your budget in place before you go shopping for gifts and discounts. Make sure you don't buy what you don't need just because it is on sale. 

November 
  • 5th (Dhanteras) & 7th (Diwali): This is the perfect time to make big-ticket purchases due to the big discounts, but make sure you don't overshoot the budget.
December 
  • 15th: Last date for paying the third instalment of advance tax for 2018-19.
  • Review your financial portfolio and check if your goals and investme .. 

 

Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

Top 10 Tax Saver Mutual Funds for 2018

Best 10 ELSS Mutual Funds to invest in India for 2018

1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. ICICI Prudential Long Term Equity Fund

5. Birla Sun Life Tax Relief 96

6. Franklin India TaxShield 

7. Reliance Tax Saver (ELSS) Fund

8. BNP Paribas Long Term Equity Fund

9. Axis Tax Saver Fund

10. Birla Sun Life Tax Plan



Invest in Best Performing 2018 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms


For further information contact SaveTaxGetRich on 94 8300 8300


OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

Popular posts from this blog

Group Health Insurance

Buy Group Health Insurance Online   For Human Resources, the biggest challenge today is to decide whether medical benefits should be offered to employees or not, what type of plans should be offered, what will be the cost and how will the cost be split between employees and employer. Well, most of these are subjective and would depend on a lot of factors including company size, average employee salary, etc. However, this article will give you a fair idea on how you should go about deciding these factors: 1. Why offer group health insurance benefit to employees : Studies have proved that retention rates among employers offering GHI are much higher than the ones who are not offering. Moreover, the cost of providing this benefit as a percentage of salary is very low as compared to the perceived value. As an example, say if average salary of an employee in your organization is 4 LPA. If you decide to offer a health insurance benefit to him for a Sum insured of ...
Read more

Birla Sun Life MIP II Savings 5

  Birla Sun Life MIP II Savings 5 - Invest Online   Have you traditionally been a debt investor but now wish to test waters in equities? Then, debt-oriented funds such as Birla Sun Life MIP II Savings 5 (Birla Savings 5), which have limited exposure to equities, may fit your requirement. With a five year return of 10.5 per cent compounded annually, the fund managed a good 3-3.5 percentage points more than its benchmark Crisil MIP Blended Index, as well as its category average. The fund appears well poised to capitalise on a falling interest rate scenario and has increased the average portfolio duration of its debt instruments in recent times. Suitability Birla Savings 5 is suitable only for conservative investors. If you want to make a beginning in equities and cannot take any short-term declines in your stride, then this fund will suit you. If you are already an equity investor and want to use a debt-oriented fund merely as a diversifier, then you may prefer peers from the HDFC and Re...
Read more

ICICI Prudential Dynamic Plan Invest Online

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300   ICICI Prudential Dynamic Plan             Invest Online This fund does remarkably well during falling markets, but fails to show the same prowess during a rising market. The fund sticks to its mandate to adapt to the dynamic nature of the market by shuttling between debt and equity. It takes aggressive asset calls in equity when the market surges by investing in quality mid-cap stocks. At the same time, it adopts a defensive strategy by investing in debt and cash when markets get overvalued, making it a good long-term choice.     For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call     Leave a missed Call on 94 8300 8300   Leave your comment with mail ID and we will ...
Read more

Commercial Paper (CP)

Invest Mutual Funds Online Download Mutual Fund Application Forms Commercial Paper (CP): These are issued by corporate entities in denominations of Rs.2.5mn and usually have a maturity of 90 days. CPs can also be issued for maturity periods of 180 and one year but the most active market is for 90 day CPs.   Two key regulations govern the issuance of CPs-firstly, CPs have to be compulsorily rated by a recognized credit rating agency and only those companies can issue CPs which have a short term rating of at least P1. Secondly, funds raised through CPs do not represent fresh borrowings for the corporate issuer but merely substitute a part of the banking limits available to it. Hence, a company issues CPs almost always to save on interest costs ie it will issue CPs only when the environment is such that CP issuance will be at rates lower than the rate at which it borrows money from its banking consortium. ----------------------...
Read more

Lump Sum or SIP?

Invest Mutual Fund Online     You have a lump sum in hand and you wish to invest in equity funds. However, you have heard a lot of talk about investing in equity funds through Systematic Investment Plans (SIPs) because they help average costs, ensure you do not ill-time the market, and help you invest in small sums, besides giving you many other advantages. So, should you invest the money you have in hand in one go, or let it remain in your bank account and then do an SIP? There is no harm in investing a lump sum amount. For all you know, compounding, over the long term, could work better with lump sum. However, make sure you fulfill all of these three criteria if you want to invest in one go. Else, SIP is the way to go. #1: You invest for the long term According to past data, ideally, if you have a time frame of 12 years or more, you can consider lump sum investing (provided you satisfy the other two conditions that follow). So, what is the sanctity behind 12 years? Is it because only...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now