PCS CAPITAL

  Tax saving investment plans are instrumental in effectively achieving your financial goals. Investment schemes available in the market provide tax exemptions and tax deductions. Learn how you can reduce your tax burden by investing in the tax saving schemes at the right time. Choose from various tax saving mutual funds to claim tax exemptions and/or tax deduction under section 80c or section 80ccc. NPS u/s 80CCD :  The National Pension Scheme is a contribution based retirement scheme regulated by PFRDA, which is backed by Govt. of India. It helps you build a retirement corpus in a systematic manner during your working life. Tax Benefit :   NPS comes with the dual advantage of additional tax benefit up to Rs. 50,000 u/s 80CCD(1B) over and above the limit u/s 80C of Rs. 1,50,000 and assuring a regular income in the future. Section 80D - Deduction upto Rs. 55,000 per financial year. (Rs. 25,000 for Self, Spouse & Dependent Children + Rs. 30,000 for Parents who are s...

Some very important financial tips that everyone should know ….These tips are from experienced wealth creators whom i met in my Investment journey .  Worth following to get discipline in daily finance and Investments.  1. Avoid buying property on loans as it eats most of your earnings unless you have a clear plan for its repayment. It's important to monitor cash flow. Though, the house will be your asset, your liability will be much more. 2. Start a SIP at a very young age. Try to save atleast 15–25 % of your earnings. 3. Avoid buying a car unless you use it everyday. . 4. Do not let this sentence scare you. “Mutual fund investment are subject to market risk. Please read the offer documents carefully before investing”. Most people avoid investing in mutual funds just because of this one warning. Yes, there is a market risk, but look at the history and growth of mutual funds. 5. Try having a simple wedding. 6. Atleast 20% of your wealth should be liquid so you can utilize it wh...

 The equity segment of the stock exchange allows trading in shares, debentures, warrants, mutual funds and exchange traded funds (ETFs).  lets us know what are these  An Equity Share represents the form of fractional ownership in a business venture. Equity shareholders collectively own the company. They bear the risk and enjoy the rewards of ownership.   Debentures are instruments for raising debt. Debentures in India are typically secured by tangible assets. There are fully convertible, non‐convertible and partly convertible debentures. Fully convertible debentures will be converted into ordinary shares of the same company underspecified terms and conditions. Partly convertible debentures(PCDs) will be partly converted into ordinary shares of the same company under specified terms and conditions. Thus, it has features of both debenture as well as equity. Non‐Convertible Debentures (NCDs) are pure debt instruments without a feature of conversion. The NCDs are ...