tax saver plan in post office
It is a open-ended medium-sized scheme of its category launched on 01 Jan 2013. This is a ELSS mutual fund scheme from Mirae Asset Mutual Fund.
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The tax advantages of the Easy Access Cash ISA depend on your individual circumstances and the tax treatment may change in the future.
. All other Post Office Money accounts are provided by Bank Of Ireland UK. Mirae Asset Tax Saver Fund - Direct Plan-Growth. These instruments are also known as small savings schemes.
Savings in Post Office Money Cash ISAs are deposited with Bank Of Ireland UK. It extends the tax benefits to both husband and wife for interest on borrowed capital and principal repayment under section 80C of the income tax act. The main highlight of these schemes is their sovereign guarantee for they are backed by the central government.
The post office offers various types of deposit schemes for those looking to invest. Some of these also come loaded with tax perks under section 80C of the Income-tax Act 1961. Information correct as of 4th February 2022.
However both of them cannot claim on the same amount-they can split it. Similarly where any rental income is generated from the co-owned property it is taxable in the hands of husband and wife in the ratio of their.
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