NPS is a good tax saving alternative. Under section 80 CCD (1B) you can save tax on investment of max of Rs 50000 in NPS. This is over and above section 80 (C). With recent changes, NPS allows you to withdraw 60% of the total investment (plus returns) without having to pay any tax. However,...Read More

Investment in any instrument should be according to the Risk Profile of any person. Risk ability of a youngster is usually considered to be high. Since youngsters have large time period left for investments he can afford to take the risk of generating higher returns. Mutual Funds have different types according to Risk Returns ladder....Read More