Are salaries tax deductible?
Salaries and Wages as Tax-Deductible Expenses. Generally speaking, the salaries, wages, commissions, and bonuses you have paid to the employees of your small business are tax-deductible expenses if they are deemed to be: Ordinary and necessary. Reasonable in amount.
Should I take dividends or reinvest them?
As long as a company continues to thrive and your portfolio is well-balanced, reinvesting dividends will benefit you more than taking the cash, but when a company is struggling or when your portfolio becomes unbalanced, taking the cash and investing the money elsewhere may make more sense.
Which is better dividend or growth?
However, on a general note, the growth option of mutual funds is better than the dividend option. The following are the reasons which make the growth option a better choice: Mutual fund dividends attract higher tax rates than capital gains involved in the growth option of the mutual fund schemes in most scenarios.
Which SBI MF is best?
Top 10 Sbi Mutual Funds
|Fund Name||Category||1Y Returns|
|SBI Small Cap Fund||Equity||104.7%|
|SBI Bluechip Fund||Equity||70.8%|
|SBI Flexicap Fund||Equity||70.6%|
|SBI Banking & Financial Services Fund||Equity||87.2%|
Which is better mutual fund or share?
Mutual funds have a longer-term growth trajectory and will give good returns only after 5-7 years, while shares could give you quick returns if you buy and sell at the right time and choose high-growth stocks.
Is Franklin Templeton A good mutual fund?
10 Best Franklin Templeton Mutual Fund Schemes for 2021. With a world-wide presence, Franklin Templeton Mutual Fund has created a unique position in the market and has gained immense trust amongst investors.
Should I invest in SBI equity hybrid fund?
SBI Equity Hybrid Fund is classified as an aggressive hybrid scheme. This plan invests in a mixture of equity (65-80 per cent) and debt (20-35 per cent). This fund has a good record of disbursing dividends on a regular basis. This fund is ideal for People (specially retired) looking for regular income from investments.