Is there any investment like 1. Made for above 5 years term 2. NO interest/dividend 3. NO TDS even at maturity/redeem please clarify sir
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Quick Summary
This discussion explores investment options that avoid Tax Deducted at Source (TDS), interest, or dividends, particularly for terms exceeding five years. While LIC and PPF are mentioned, the consensus leans towards the share market as the most effective long-term strategy. Participants highlight that investing in shares, despite higher risks, can be tax-efficient and rewarding for those willing to research and hold investments for the long run.
Lic ppf exemption under chapter vi. ppf is most effective. interedt rate is high. lic depending upon nature of policy . Investment in shares is most effective considering studying the financial position of the companies balance sheet and other parameters.