taxarticle3 1

Tax Saving Or Equity Investments -What Will Help You Manage Inflation And Still Create Wealth?

Posted by

All of us are aware about Income Tax. We dedicate significant time and energy to get our tax-saving strategy right.

One of the most effective ways of saving Income Tax is by investing in a variety of tax-saving instruments such as ELSS, Tax Saving FDs, National Pension Scheme, National Savings Certificate, Public Provident Fund etc.

But how are you planning to manage Inflation Tax?

You might be wondering what we mean by Inflation Tax.

Over time, inflation ends up diminishing the value of your money. Inflation Tax is a silent killer. It will quietly eat up the real value of your money and assets.

Incidentally, India’s average inflation rate has been 6.15% between 2011 and 2021.

For example: You may be able to manage your household expenses by spending Rs 30,000 per month today. Assuming an inflation rate of 6%, your household expenses would be around Rs 60,000 twelve years later.

How can you tackle Inflation Tax?

Just like how you invest in tax-saving instruments to save income tax, you must consider investing directly in equities to protect your assets from Inflation Tax.

Over the last 20 years, NIFTY has offered a CAGR of 15%. It means, you would have enjoyed inflation beating returns by just investing in NIFTY.

But not everyone can pick the right stocks that provide stellar returns over the long term. So, would you prefer investing in stocks scrutinized by an expert?

We at Research & Ranking have recommended stocks that helped customers create tremendous wealth. For instance, since inception (1st April 2014), we have significantly outperformed Nifty and generated a staggering 802% return on investment.

It means, if you had invested Rs 10 lakhs on 1st April 2014, your portfolio would be worth Rs 90.20 lakhs by 31st Dec 2021.

Are you keen to reduce your Inflation Tax? Then consider subscribing to 5 in 5 Wealth Creation Strategy today.

Share On :