Most people in India have a perception that investing directly in stocks delivers higher returns. That, however, may not be true always as mutual funds have various advantages.
Leave Travel Allowance (LTA) not only gives an employee some quality time to spend with his/her family, but also reduces the burden of tax liability up to certain limits and conditions.
EPFO has decided to lower the interest rate on provident fund deposits for FY2017-18 to 8.55% from 8.65% in FY2016-17. Should you depend on EPF for generating your retirement corpus?
Income Tax Return (ITR) filing: The Income Tax Department has already warned taxpayers to ‘Come Clean’ and file their belated or revised tax return latest by 31st March, 2018, or be prepared to face penalty or prosecution.
The Income Tax Department has taken extra initiatives to protect your private information while e-filing your income tax returns, through a secure e-filing vault.
Bank FDs have been an ideal saving avenue for investors looking for assured regular income with minimum risk. Here are the latest FD interest rates, ranging from SBI and HDFC Bank to Kotak Mahindra Bank.
A majority of people in India rely only on third party motor insurance and do not go for a comprehensive cover. This may, however, cost them dearly. Here’s why.
Have you sold your car and forgot to change the ownership in registration records? If yes, you have invited trouble for yourself.
Co-working is one of the predominant new trends that are having both real-time and long-term impacts on the Indian real estate.
Deposits in your PPF account are not only safe, but you will also enjoy additional benefits now. Here are 5 such benefits.
While you may now be allowed by the government for premature closure of your PPF account, there are many reasons why you should avoid doing it.
Valentine’s Day 2018: Instead of giving an usual gift, why not this Valentine’s Day gift your wife, husband, girlfriend or boyfriend something special that begins to teach her/him the importance of finances in life?
According to experts, EPF has always been viewed as a more stable retirement option given its higher interest rates. However, in the last few years a lot of people have opted to invest in other avenues like ELSS as they tend to give higher returns.
Buying a piece of property in Gurgaon will now cost you more as the city administration has revised circle rates upwards after a gap of four years.
Auto Expo 2018: Automakers are shifting their focus to electric vehicles, a glimpse of which is being witnessed at the ongoing Auto Expo 2018 in Greater Noida. However, apart from price, you also need to know how electric vehicles, cars are insured in India.
The Income Tax Department has advised taxpayers to ‘Come Clean’ on large cash deposits by filing belated or revised income tax returns by March 31st or be ready to face penalty or prosecution, as the case may be.
The LTCG tax on listed equities is being viewed as a measure which has taken the sheen off equity markets. Experts, however, say that stock investment is still a better option, especially for risk-taking investors.
Income tax returns (ITR) filing: In a bid to broaden its tax base, the government wants to impose income tax on the compensation one receives after suffering business or profession termination, and has proposed some changes in the Income Tax Act.
Although necessary instructions on this new system will be issued by the RBI by the end of next week, however, this move is clearly aimed at benefiting the home loan borrowers.
With the LTCG tax on equity-oriented mutual funds, have Ulips become more attractive now? Should investors looking for market-linked gains go for Ulips instead of equity-oriented MFs?
Now you won’t be issued a demand notice from the Income Tax Department automatically if the details given in your income tax return do not match with your Form 26AS, Form 16A or Form 16 details.
After the new proposals of the Budget 2018, there are a very few options left for investors to earn tax-free returns. However, there are still some ways which can help you save tax.
Budget 2018: As you all know, on 1st February, 2018, Finance Minister Arun Jaitley delivered the fifth and the last full Budget of the Modi government. It was a crucial one as it was presented before the upcoming elections in 2019 and amidst the various challenges faced by the Indian economy.
Budget 2018: Finance Minister Arun Jaitley has brought back the Long Term Capital Gains tax on equities and equity funds by the way of insertion of Section 112A under the I-T Act,1961. Here’s how it will impact you.
Budget 2018: Contrary to widespread expectations, the Modi government’s last full Union Budget failed to bring anything significant for the common man, although senior citizens were given some tax relief, while the poor got some sops.
Budget 2018: Although the Budget proposals made by Finance Minister Arun Jaitley today left the common man and taxpayers high and dry, the salaried people got a bit excited after hearing the news that the erstwhile standard deduction – which was done away with from Financial Year 2005-06 – has been reintroduced by the government.
Budget 2018: Finance Minister Arun Jaitley in his Budget speech today proposed to increase the cess on personal income tax and corporation tax to 4% from the existing 3%. The move may help the government take care of the healthcare and education needs of BPL and rural families.