Investment

This query is : Resolved 

25 October 2009 Mrs X wants to invest Rs. 2 lakhs. What will be the best investment option for her. She is 40 and a working woman (Salaried).

The source of Rs. 2 lakhs is her husband's share in the consideration of sale of house property of their family.(Husbands family)

Please suggest.

Thanks.

25 October 2009 Invest in LIC pension fund and with an option pension should strat from the age of 50. Choose a policy wherein only lumsum is payable and no other preium in future. She may get around 5000 per month from age 50.

26 October 2009 Shri B. Srinivasulu

Sir, thanks for such a good suggestion.

Regards
CS Rishi Vyas
099232 37133

26 October 2009 Shri B. Srinivasulu

Sir,

In case of investment in LIC Pension Fund, is there any maturity period and secondly does the investment qualify for deduction under Section 80C of Income Tax Act.

Thanks & Regards.

Rishi Vyas


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details