Investment options to save income tax: A few fixed-income investments that also come with Section 80C tax benefits, considering the tax-saving season is closing on March 31.
Save Income Tax 2020: With the stock market indices and stock prices falling like ninepins, investors are already finding themselves floating in troubled waters. The talk of global recession is firming its grip even while central banks of different countries have initiated taking measures to avoid any liquidity crunch.
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For a long-term investor of mutual funds (MF), the silver lining is that lower NAVs fetch them more units of MFs, which over time may generate better returns. Therefore, continuing with mutual fund SIP is what most financial planners are suggesting even in these times of enhanced volatility.
Source: Financial Express
