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Why u want to invest your money
The document provides information about retirement planning and income tax calculations in India. It outlines the four main steps to calculate income tax: [1] calculate annual gross income, [2] calculate donations, [3] calculate total savings, and [4] use the appropriate income tax slab rates based on gender to calculate taxes owed. It also includes tables with income tax slab rates for men and women for the 2016-2017 fiscal year, and lists some popular investment options and their returns, lock-in periods, and tax treatment. The document encourages early and regular investing to achieve adequate returns to outpace inflation over the long run.
Why u want to invest your money
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- 3. www.retirementontrack.com Step I :Gross Income Calculate your Annual Income. (Monthly Income * 12) Step II : Donations Calculate the total donations you have made towards various institutions in accordance to Income Tax Rules. Step III : Savings Calculate your total savings. This may include all the savings and investments mentioned in Income Tax Saving Schemes Sections. Learn how to calculate your Income Tax
- 4. Income Tax Slab(in Rs.) Tax 0 to 250000 No Tax 250001 to 500000 10% 5,00,001 to 10,00,000 20% Above 10,00,000 30% Income tax slabs 2016-17 (for Men) in India: Income Tax Slab (in Rs.) Tax 0 to 250000 No Tax 250001 to 500000 10% 5,00,001 to 10,00,000 20% Above 10,00,000 30% Income tax slabs 2016-17 (for Women) in India Step IV : Income Tax
- 5. Income Tax Slab(in Rs.) Tax 0 to 250000 No Tax 250001 to 500000 10% 5,00,001 to 10,00,000 20% Above 10,00,000 30% Income tax slabs 2016-17 (for Men) in India: Income Tax Slab (in Rs.) Tax 0 to 250000 No Tax 250001 to 500000 10% 5,00,001 to 10,00,000 20% Above 10,00,000 30% Income tax slabs 2016-17 (for Women) in India Step IV : Income Tax
- 6. Investment Options Returns(%) Lock In Tax On Income Minimum Investment Maximum Investment Mutual Fund(ELSS) 15% - 18% 3 Yrs Tax Free Dividend & Returns Rs.500 No Limit PPF 8% 15 Yrs Tax Free Returns Rs.500 Rs.70000 NSC 8% 6 Yrs Taxable - Interest Rs.100 No Limit Fixed Deposit 6.25 to 7.5% 5 Yrs Taxable – Interest Rs.200 No Limit Senior Citizen Saving Scheme ( Min. age 55 Yrs) 9% 5 Yrs Taxable – Interest Rs.1000 Rs.15 Lacs Apart from these, insurance premium on life insurance policies and principal component of housing loan are also eligible forSection 80 C benefit. Options Available under Section 80 C
- 7. www.retirementontrack.com Investment Period Jun24, 2011 to May 24, 2016 No of Investments 60 Total Amount Invested (Rs) 300,000.00 Total Units Purchased 10,979.57 Investment Value as on May 24, 2016 463,482.62 Latest NAV 45.27630 (as on Jun 23, 2016) Investment Period Jun 24, 2011 to May 24, 2016 No of Investments 60 Total Amount Invested (Rs) 300,000.00 Total Units Purchased 17,051.71 Investment Value as on May 24, 2016 504,010.92 Latest NAV 31.09460 (as on Jun 23, 2016) SIP Investment Returns (CAGR*): 17.98%* Reliance Tax Saver (ELSS) Fund (G) SIP Investment Returns (CAGR*): 21.53%* Axis Long Term Equity Fund - Regular Plan (G)
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- 9. www.retirementontrack.com Absolute Returns: 65.8%* * Returnshave been calculated after adjusting the NAVs for dividends, & bonus, if any. Click here to view Dividend History. HDFC Tax Saver (G) - Performance Snapshot as on Jun 23, 2016 ** Annualised returns displayed only for 1 year and above # Total No. of ELSS : 100 Absolute Returns: 121.1%* * Returns have been calculated after adjusting the NAVs for dividends, & bonus, if any. Click here to view Dividend History. Check returns by another fund Reliance Tax Saver (ELSS) Fund (G) - Performance Snapshot as on Jun 23, 2016
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- 18. Compare inflation (10-12%)with your average return (6-8%) www.retirementontrack.com
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- 26. www.retirementontrack.com We are notProduct seller WE are SOLUTION PROVIDER
- 27. www.retirementontrack.com Challenges Faced ByYou 1. What happens to my investment if I move out of JABALPUR 2. I`m not able to keep track of investment done till date? 3. What do I do if I want to withdraw money or invest more? 4. How I can come to know when to book profit or when to invest more? 5. Is there any one who can remind me all these issues even I am not able to see computer or I am at the field 6. Is online investment or Redemption safe?
- 28. www.retirementontrack.com Only ONE Solutionto All Your Concerns www.retirementontrack.com Just log on this website and you will get answer to all your questions??????? Solution
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