It’s not easy to make the right investment decisions. First of all, there are so many investment avenues, each promising different returns and carrying different risks. To add further complexity, there is the fact that different investments are treated differently by the taxman; some attracting higher taxes, others enjoying tax concessions — and the tax laws keep changing all the time. Moreover, each person has his or her own unique financial needs and risk profile. What is tonic for one may prove to be poison for another. Equally, new avenues and instruments of investment keep arising and old ones setting on the horizons of the wonderland of investment. Some of the existing bright stars may suddenly become black holes. The interest rates have a habit of bobbing up and down. This will surely need a change in your portfolio mix.

This bestselling book is packed with a wealth of investment information and guidance about the various investment avenues, their risks and profitability, and their tax implications. Not just that. Based on their 40-plus years of investment advisory expertise, the authors offer those rare insights that will truly help you invest your money most profitably and save taxes.

Part -I: HOW TO AXE, NOT EVADE, TAX:

Major Budget Changes, Income Tax; Salary & Perquisites; Retirement Benefits; Capital Gains; House Property; Preparation of a Will; STT, CTT & DDT.

Part -II: HOW TO SELECT THE MOST PROFITABLE INVESTMENTS:

Public Provident Fund (PPF); New Pension System (NPS); Post Office Small Savings Schemes; Insurance on Life; Mutual Funds; ULIP; REIT, InvIT & AIF; Stocks & Shares; Futures & Options; RBI Savings Bonds and Gold Bonds; Bank Deposits; Company Fixed Deposits, and more.

A. N. Shanbhag is a bestselling author and a very widely syndicated columnist on personal finance and taxation. Mathematics is his passionate pursuit.