Tax planning   2013
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Tax planning 2013



Understanding tax planning and various tax saving investments.

Understanding tax planning and various tax saving investments.



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Tax planning   2013 Tax planning 2013 Presentation Transcript

  • TAX PLANNINGTaurus Capital AdvisorsJanuary, 2013
  • Tax Planning•  Tax planning is an integral element of personal finance•  Key Sections –  80C – Invest up to Rs. 1 Lac for deductions –  80D – Deduction up to Rs. 15,000 for self & family, and additional Rs. 20,000 for parents (senior citizens) –  80CCD – Deduction of up to 10% of gross income invested under New Pension Scheme –  80CCD (2) – Further deduction of up to 10% of gross income, against contribution made by employer under New Pension SchemeFor private circulation only © Taurus Capital Advisors
  • Tax Saving Options Investing in PPF or NSC to claim tax-break could yield moderate returns, whereas Mutual Funds could mean adding slight risk, but can make your money earn higher returns •  No tax on maturity •  Tenure to be 15 years Provident Fund •  Limit increased from 70,000 to 1 Lac, but interest has Return – 8-9% been market linked •  Term – 6 Years NSC •  Taxable on maturity Returns – 8% •  Term Insurance – best to cover life ULIP Returns – Insurance •  Health Insurance – Limit up to 15,000 Market linked •  ULIPs – Lockin revised to 5 years •  Investment into equity related tax saving funds Returns – Market ELSS •  Lock-in period of 3 years linked ~ 6-20% •  Term – 5 Years Tax Saving FDs •  Interest Taxable Returns – 8-9%For private circulation only © Taurus Capital Advisors
  • Our suggested approach•  Evaluate your existing contribution to Provident Fund (most important for salaried people contributing towards EPF)•  Evaluate your Home Loan EMI (Principal & Interest payments)•  Term Insurance – should be your first priority•  Health Insurance – have moderate medical insurance•  ELSS or PPF – allocate balance depending on the age and participation in equity investmentsFor private circulation only © Taurus Capital Advisors
  • Invest in ELSS!!For private circulation only © Taurus Capital Advisors
  • ELSS Performance 3 Year Performance 5 Year Performance 10 Year PerformanceFor private circulation only © Taurus Capital Advisors
  • ELSS PerformanceAnnualised returns 32.59% 28.09% 24.20% 19.54% 13.95% 12.69% 8.13% 8.68% 7.65% 2.80% 1 Year 3 Year 5 Year 7 Year 10 Year Category Top Performer For private circulation only © Taurus Capital Advisors
  • Equity Outlook•  Indian equity markets have given 24% return in 2012•  Key positive factors for year ahead –  Continued strength in domestic consumption demand –  Direct transfer of subsidies –  Revival of investment spending cycle led by public sector enterprises –  Corporate earnings growth in coming quarters Equity outlook is positive for a 3 to 5 years of investment horizon, and can give best returns for wealth creationFor private circulation only © Taurus Capital Advisors
  • Taurus Capital AdvisorsOur Profile
  • Taurus Capital Advisors•  Taurus Capital Advisors is a financial services firm providing Independent Investment Banking and Wealth Management advice•  We are an independent and client centric private wealth management firm•  Our Wealth Management business serves the investment interests and wealth management needs of families and high-net-worth individual investors•  We offer breed of investment solutions from product providers in equity, fixed income and alternate investment classes•  Our philosophy is that each client requires a financial portfolio to match their varied risk appetite and it takes an expert understanding of the financial markets to design a portfolio that achieves the clients’ desired goals.
  • Investing is all about discipline•  We follow a detailed and disciplined process to create and fine-tune your portfolio. Specific steps we can take include: –  Review your existing holdings and evaluate special circumstances, such as concentrated stock positions, mismatched asset allocation etc. –  Establish target asset allocation ranges for your portfolio, which allow for market fluctuations before rebalancing occurs, in order to maximize efficiency –  Carefully select investments from investment offerings in a full array of asset classes –  Implement your investment plan, managing transitions and analyzing tax implications effectively
  • THANK YOUFor further details & investingPlease contactTaurus Capital