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| Discuss Need Advice!!!! at the Taxation Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; I want invest for Tax saving. Can anybody give me some good investment ideas. (LIC ... |
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#1
10th August 2007, 03:41 PM
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Need Advice!!!!
I want invest for Tax saving. Can anybody give me some good investment ideas. (LIC policies or mutual funds)
What is the risk factor and profit in both cases. please advise me soon. Cheers!!!!!!!!!! Last edited by talk_2_raj; 13th August 2007 at 07:14 PM. 
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#2
2nd September 2007, 06:51 AM
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Re: Need Advice!!!!
Money market fund are best for you. As the NAV does not change over time and you recieve daily dividend. Any dividend after 90 days is tax free. You can get around 8-9% annuity this way.
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