So..here comes March again...I hate this month for obvious reasons like, it's the end of winter season so now Sura devta will be rite beside u in everything u do. Secondly, if u have noticed there are hardly any B'days in March. I don't know y but
it seems married couples hardly get time to enjoy summers :D
And thirdly it's the month when u have to empty ur pockets to save TAX.
So how much tax do one save by investing 1L or 1.5L( in case of privileged ppl).
I'll give u an example. Last year I did save some tax. I invested in very 'gud' mutual funds and on 1L amount I had saved around 30K tax but here is the flip side.
When I checked my statements yesterday, I found that I m left with only 35K out of 1L, then I remembered ..I invested in very "gud" mutual funds which says returns are subjected to some market risk, which I forgot to read last time.
So..here comes March again...Happy Investing:D
Friday, January 30, 2009
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