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What is the taxable amount for fixed deposit in local bank?

I have 12 lakh, where to invest this amount? Business ,Deposit or Share( which one is good and safety)?

  • i am having 12 lakh, i would like to invest these amounts. Can you please suggest, where to invest these amount and which one is better (Business, Bank fixed deposit or Share)? Business mean --which business is good? Fixed deposit mean ---which bank is good? Share mean--- Which company is good?

  • Answer:

    Well lets take your options. Business: This would depend on one important factor, are you working currently. If you are working then I don’t think it will be possible to run a business side by side. Starting a business is lot of hard work. Fixed deposit: Safe returns of 7-8%, but basically with constant inflation you do not gain anything at all. Share Market: This will be my preferred area as I am investing quite profitably in the share market. By the way one thing is that, there is no single share which you can buy and keep for long time like fixed deposit. You need to buy the right share at the right time… and equally important sell it and get out of the market also at the right time. A lot of people invest/trade just on Hopes or tips from some brokers. Not a good idea. The problem with depending on calls from others is that you always get it late. By the time you get a Buy call the share price is already up. You need to understand how it works and take your own decisions. You can try out this Free Ecourse given in this link http://www.invest-in-shares-in-9minute.com/shares-for-dummies.html , it is really very good. It is about 50 pages of very useful info. You really get to build a solid foundation of information about the share market. Or you can check out the investment strategy given in this page. http://www.invest-in-shares-in-9minute.com/shares-for-beginners.html This strategy tells about how common investors can invest based on their own judgment spending just 10 minutes a day and get 40 percent annual returns consistently. So if you put in 10 lakhs then it means 4 lakh per year… nice extra income to have :- )

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Hi Sameer, Greetings.... I have the Best solution for you.... As you said you would like to invest 12lacs... Your given options are Business, Deposit or shares.. Business: If you invest in Business, what ever the business it is you will get profits as well as loss, you need to have proper planning and timely monitoring on it Share: If you invest in shares, i do agree that we will get good profits there but as well as profits you will get maximum loss too... here Risk is very High. Fixed deposit: Here the risk is very low, but the fact is that we will get only 7% - 8% per annum, we cannot expect any thing more than that. Rather than going for all these options I will suggest you the best investment one which gives you good returns with a very low risk factor Recently my uncle has done the same thing, he has invested Rs. 80,000 in HDFC maximiser plan, Now after 8-9 months the Fund Value is Rs. 1,20,510 with a Growth rate of 53%. You can assume what would be your return if you invest 12lac. I will suggest you to invest in HDFC maximiser plan, which is the best one in the market... I would like to know your age so that i can send you the projection for your investment Mail me your details to [email protected]. You can also call me on 09290910497... looking forward to help you further.... God Bless You... Regards, Krishna Mohan. 09290910497, [email protected]

Hi. I suggest you to divide the total funds and Invest in various sectors. Fixed Deposit - ICICI Bank / Bank of Baroda/ Axis Bank & Punjab National Bank Shares- ICICI Bank , Hindalco, JP Associate , Jai Corporation

alok a

I know an investment piece you might be interested to invest in, particularly in Boracay Island, the best tourist beach destination in the Philippines. The investment piece in the island bares the following proposal summarized into three: 1. Own a Crown Regency Hotel room in Boracay; 2. Earn millions through your invested room; and 3. Enjoy a total of 52-free room night stays in any Crown Regency Hotel in the Philippines and around the world in more than 2,000 hotels and resorts affiliate around the world. If you have further questions and clarifications, please don't hesitate to mail me at: [email protected] / [email protected]

samantha griffin

Now a days economic is affected all over the country.so that share market may be rise or decrease. Bank is decrease the rate of interest.Because of world economic problem. so that purchase land.But it is long term benefit.Don't sale the land often.please wait for long time. Don't buy the house it lead depreciation problem.your value of house decrease day by day. population will increase and increase.

Mars

If you can't keep track of investment then investing in stock is not a good idea. 12 lakh could be a very small amount to invest in business. Fixed deposits is surely a good idea but if you want to grow your investment faster, I guess, investing in property is the best idea. http://twitter.com/stock2day

Divide 12 lacs in 6 parts ( Hope you have life insurance policies already) 2lacs - Savings account / FD ( Recurring Deposit is better) 2lacs - Gold as investment like coin/biscuit/Gold ETF ( not jewelery) 2lacs - Real Estate 2lacs - Few Large-cap shares 2lacs - PPF 2lacs - SIP in MFs This is rough division. Please consult your CA or Certified Financial Planner for the details. Best Of Luck

vikasbargale

business is a good option direct equities & commodities derivatives is also choice more query mail us at [email protected]

FBHCELKS

hi friend u invest some amount in stock market for long term & ask some experts put fd in any govt banks some amount invest in mutual founds,insurance & govt bounds & i don't know any good business

jinnya

Business. Trading of construction materials.

zindadil

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