Monday, February 26, 2007

When is the right time to invest? Don't wait for the year end.

As per Income Tax Guidelines, Tax Saving Investments can only happen with the earnings in the financial year only!!
That means, if you want to invest in tax saving instruments in April, it will not be considered for tax savings. (This is valid only for salaried employees who get their salary at the end of the month).

So, once you start getting earning in the financial year, you are good to invest.

Don't wait until march.. start saving/investing right from May!!.. Count the crucial 10 months of returns!!..
If not in bulk, consider Systematic Investment Plan!!!.

ulipinvestment@gmail.com

No comments: