10 best tax-saving investments

Multiple options. Contradictory advice. And a deadline that's approaching fast. Many taxpayers find themselves in this situation at the beginning of the year when they have to make tax-saving investments.

Are you also confused? Before you make a choice, go through our cover story to know which the best option for you is. We have ranked 10 of the most common investments under Section 80C on five basic parameters: returns, safety, flexibility, liquidity and taxability. Every investment has its pros and cons. The PPF may not have a very high return, but its tax-free status, flexibility of investment and liquidity by way of loans and withdrawals, gives it the crown in our beauty pageant. Equity-linked saving schemes come in second because of their high returns, flexibility, liquidity and tax-free status. However, traditional insurance policies, an all-time favourite of Indian taxpayers, manage the ninth place because of the low returns they offer and their rigidity. Ruchi Anand & Associates is the prominent Tax advisor in India. We provide Audit and Assurance services in India, Risk advisory services in India, Internal audit services in India for improving your financial efficiency accuracy and stability.

Yuvraj Singh and Hazel Keech's roka ceremony this month?

The big secret wedding date of a cricketer-actor is that of Yuvraj Singh. The sixer-specialist is actually bowled over by actor Hazel Keech (she acted with Salman Khan and Kareena Kapoor in Bodyguard). The two have been dating surreptitiously and seriously for months now, and very few of their friends are privy to their relationship status.

India's Nuke Programme

India is emerging power in the field of nuclear weapons. According to the US-based think tank, India has “one of the largest nuclear power programmes” among developing nations. India has enough weapon-grade plutonium to possess stock of 75-125 atomic weapons. 138 nuclear weapons are equivalent to 110 to 175 weapons. Around 70 percent of weapon-grade uranium is in nuclear weapons.

The report estimated that India has made 100-200 kilograms of weapon-grade uranium for nuclear weapons. Currently, India’s stock of nuclear weapons is less than that of Pakistan. It is sure that in coming years, India will be a great power.

RAAAS has prominent tax advisors in India.You can get assistance from company registration to filing e-returns.

Quickr is going to buy housing.com in cash with estimated cost 1100 crore

Quickr is going to buy housing.com. During its last round of funding in November, Housing was valued at Rs 1,500 crore ($250 million).

For Quikr, which is one of the eight so-called Indian 'unicorns' with billion-dollar valuations, the addition of Housing will open up a new revenue stream and add a well-known brand to its portfolio.

Earlier this year, Quikr founder Pranay Chulet said the company will hire 500 people to beef up its online real estate business, Quikr-Homes.com For the investors in Housing, the deal will give them a chance to be a part of a larger business and cut their losses in a company whose fortunes have dwindled rapidly because of a spate of controversies triggered mostly by Yadav. Yadav, who led a dozen college-mates from IIT-Bombay to start Housing in 2012, has had public spats with venture fund Sequoia Capital and disparaged the intellectual worth of investors in his company. He resigned at the end of April, but was asked to stay on by the board which appointed a committee to oversee operations

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Windows 10 will be the last version of OS

Microsoft Officials declared that Windows 10 will be the last version of Operating System. In such a dynamic world we will stop at Windows 10.

IPL 2015 Indian Festival

Enjoy Indian festival IPL 2015 and quickly get tickets of knock out matches on www.ipltickets.net/

Japan identifies 11 sites to set up industrial townships in India

Japan has identified 11 sites to set up industrial townships in India, which would serve as hubs for investments into the country. These include Tumkur in Karnataka, Ghilot in Rajasthan, Mandal in Gujarat and Supa in Maharashtra. Japan will also provide soft-skills training to Indian workers in the manufacturing sector to help bridge the demand-supply gap. 

"Japan aims to double its investment in India to about $35 billion in the next five years. The move would help strengthen bilateral economic ties. They are already the primary investors in our economic corridors," said a government official, adding that the details are being firmed up. The move will strengthen domestic manufacturing, support the 'Make in India' campaign and ensure transfer of technology. 

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