Author Login IJIRT Partner Network (IPN) Login

Investors' Perception Regarding Tax Saving Schemes: A Study of Major Cities of Punjab

  • Unique Paper ID: 171844
  • Volume: 11
  • Issue: 8
  • PageNo: 1118-1127
  • Abstract:
  • Tax saving schemes are great means for investment. The perception of investors is a vital aspect in investment research as investment in various tax saving schemes constitutes an important source of investment in India. Tax saving schemes are one of the important instruments of investment because these schemes provide dual benefit to the investors in the form of tax exemption as well as a lucrative rate of return on investment. The present paper primarily aims to study the perception and preference of investors regarding investment in various tax saving schemes. In order to achieve the specific objectives, the present study is based on primary data which have been collected from 200 respondents selected from the four major cities of Punjab namely, Amritsar, Jalandhar, Ludhiana and Chandigarh using sample survey method. A simple Tabular-cum-Percentage Analysis technique has been used for the purpose of analysis. The perceptual analysis of the respondents reveals that provident fund schemes and life insurance schemes have been emerged as the popular schemes among respondents as most of the respondents have good level of awareness particularly for these two schemes. Further, tax exemption has been emerged as the most influential factor affecting their decision to invest in various tax saving schemes. It is revealed that the majority of respondents feel that increase in the level of awareness among people is the best way to address concerns about investment in tax saving schemes. Moreover, tax saving schemes should be updated from time to time taking into consideration the changes in the market conditions, policies of the government, present needs of the investors etc. so as to make them more attractive for the investors.
Download article email to a friend

Cite This Article

  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 8
  • PageNo: 1118-1127

Investors' Perception Regarding Tax Saving Schemes: A Study of Major Cities of Punjab

Related Articles

Impact Factor
8.01 (Year 2024)
UGC Approved
Journal no 47859

Join Our IPN

IJIRT Partner Network

Submit your research paper and those of your network (friends, colleagues, or peers) through your IPN account, and receive 800 INR for each paper that gets published.

Join Now

Latest Publication

Archive

View More

Recent Conferences

NCSEM 2024

National Conference on Sustainable Engineering and Management - 2024 Last Date: 15th March 2024

Submit inquiry