In such a scenario, sensible investment in Mutual Funds can open up other sources of income, which would reduce our dependence on purely our salary or business profits and help us manage the financial uncertainty in our lives.
Invest in short term and long term Mutual Funds with an objective to generate less volatile returns.
I/We hereby confirm that I/We are not giving a false confirmation and/or disguising my/our country of residence.
I/We confirm that Birla Sun Life Mutual Fund / Birla Sun Life Asset Management Company Limited (BSLAMC) is relying upon this confirmation and in no event shall the directors, officers, employees, trustees, agents of BSLAMC associate/group companies be liable for any direct, indirect, incidental or consequential damages arising out of false confirmation provided.
This calculator show two calculation of Income Tax ,one is on the basis of the receipt of salary/arrears and other is on the due basis of relevant years and if tax on receipt basis is more than due relevant years basis then relief under section 89(1) will be available otherwise nothing is available means no benefit in distributing the arrears in respective years.
The debt market is the market for trading debt securities.
It touches the lives of Indian citizens in many ways: delivering mails, accepting deposits under Small Savings Schemes, providing life insurance cover under Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) and providing retail services like bill collection, sale of forms, etc.