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

What is Electronic Clearing Service (ECS)?

  As the name suggests, it's an electronic process through which money can be transferred from one bank account to another. According to RBI, this mode is usually used for regular payments and receipts, like distribution of dividend, interest, salary, pension etc. This mode is also used for collection of bills for telephone, electricity, water, various types of taxes, payment of EMIs , investments in mutual funds , payment of insurance premium etc. There are two types of ECS , like most other banking transactions, ECS credit and ECS debit. An ECS credit is used by a bank account holder , usually a large company or an institution for services like payment of dividend, in terest, salary, pension etc. If your mutual fund pays you dividend to your bank account, of all probability it is being paid through ECS credit.ECS debit, on the other hand, is used when a company or an institution is getting money from a large number of people. For example if you are investing in a mutual fund sc...
Read more

WEALTH TAX

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 WEALTH TAX   WHAT CONSTITUTES WEALTH? For wealth tax purposes, "wealth" means property , urban land, car, jewellery , yacht, boat, aircraft and cash in hand in excess of Rs 50,000. CAUTION POINT | Do not think you will have an easy escape from wealth tax by transferring your `wealth' without consideration to your spouse or minor child. Such assets will also be considered as your wealth. HOW TO DETERMINE YOUR TAXABLE WEALTH Add the taxable value of the above assets (computed as per the detailed rules for valuation) owned by you as on March 31 (for FY 2014-15, it will be March 31, 2015). In case you sold your car during the year, it will not be taxable wealth. Deduct loans if any obtained by you to acquire any of the taxable assets from the value of gross tax out for at least 300 days in a...
Read more

Equity Savings Fund

Invest Equity Savings Fund Online   The best part about these funds is that they are subject to equity fund taxation and at the same time are structured like MIP like funds . This new category, equity savings funds , offer a little of everything. They allocate money to equities & equity related instruments, and fixed income. They aim to generate returns by diversification. Such funds invest in fixed income and arbitrage to protect the investors from short term volatility and equity for capital gains. The best part of these funds is that they are subject to equity fund taxation and at the same time are structured like MIP funds.   MIP funds however are subject to debt fund taxation. Investors Equity savings funds are suitable for the following: First time investors who seek partial exposure to equity with less volatility and greater stability Investors seeking moderate capital appreciation with relatively lower risk Those wh...
Read more

How to Pick Top Performing Mutual Fund Schemes

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   How to Pick Performing Schemes  Funds that continue to stay in the top grade of performance over longer periods are the ones to bet on, advise investment experts   The mutual fund performance charts of the past few months make for an impressive reading. Funds across all categories boast of stellar returns. Sample this: The mid and small cap category has averaged 77 percent return over the past 12 months, with the best fund delivering a staggering 120 percent. The tax-saving funds also average an impressive 51 percent, including a fund which has soared 92 percent. Many of the table-toppers are funds of proven quality and track record. However, there are also schemes that are not that well-known. Some of these have rarely made it to the performance charts in the past, yet, of late, they bo...
Read more

8% Government of India Bonds quick guide

For those seeking comfort in safety of returns, the Government of India issued 8% savings bond once again comes to the fore. First launched in 2003, these bonds are issued by the government with a maturity of 6 years. The bonds are available at all times with specified distributors through whom you can apply to invest in them. Here is a quick guide to what the bond offers and its features to ascertain to check for suitability. What are Government of India bonds Government of India bonds are like any other government bonds with specified rate of interest. The rate is fixed at 8% per annum paid half yearly, or you can opt for cumulative payment of interest at the end of the tenure. You can buy these bonds from State Bank of India and its associates, other nationalized banks and some private sector banks such as HDFC Bank Ltd and ICICI Bank Ltd, among others. The bonds can be bought from the offices of Stock Holding Corporation of India as well. They are available in physical form onl...
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