Sorting your taxes, investments at the start of the financial year will save you grief later
There are some tedious monetary tasks best dealt with at the beginning of the financial year. Planning your tax-saving investments for the year should be at or close to the top of the list. Making a lump-sum investment in the last month of the financial year will burden your cash flows for the month. Also, if you are investing in tax-saving mutual funds, it is advisable to spread out your investments to avoid having to time the market.
If the public provident fund (PPF) is your go-to tax saving instrument, investing at the start of the financial year earns you a higher interest.
This story is from the May 01, 2017 edition of India Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May 01, 2017 edition of India Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
AAMCHI ENGLISH
You'd think its history of language politics would have nixed such a possibility.
SULTANS OF AASMAN
It's harvest season for India's charter flight operators, as eager candidates hop on to rented choppers and small aircraft with sky-high ambitions.
Music to OUR EARS
After signing a record deal with Warner Music Group, Nora Fatehi sets her sights on being a global pop star
Rebel with a CAUSE
A retrospective of revolutionary artist Gobardhan Ash showcases four decades of his practice at the Kolkata Centre for Creativity
HYBRID FORMS
Mythic Femininities at DAG Delhi brings together a well-chosen crosssection of the late GOGI SAROJ PAL'S large body of work
OUT OF THE SHADOWS
JAI MEHTA makes his directorial debut with Disney+ Hotstar's web series Lootere
MAN OF MANY PARTS
Pratik Gandhi's transition from theatre and Gujarati cinema to mainstream Bollywood is an inspirational tale
THE DUNKI REPUBLIC
Rivers flowing down from the Himalayan massifs are known to have fickle habits-they curl about, meander and, if they stray far enough, get captured by bigger river systems.
A SENSE OF DEPRIVATION
As the Uddhav Sena gets a lion's share in the MVA seat-sharing deal, discontent brews within Congress ranks over the leadership conceding three key seats
Kshatriyas Declare War on Rupala
The minister's appeasement of Dalits has upset the warrior class, who want his candidature withdrawn or they will stir trouble for the BJP in all 26 seats
