Budget 2018: In case of health insurance policies, the taxpayer is entitled to a deduction of Rs 25,000 (Rs 30,000 for senior citizens) which was last changed in Finance Act 2015, considering the current inflation in healthcare cost there is a further need to increase the deduction limit.
Budget 2018: Rashtriya Swasthya Bima Yojana -We feel that the financial inclusion initiative taken up by Rashtriya Swasthya Bima Yojana (RSBY) should aim at increasing the scope of the cover by including more sections of the society.
You will lose LTCG tax benefit if new property is sold within three years of purchase
Banks and financial institutions have been educating their customers about the dangers of phishing and other scams. Still, hundreds of people are still falling prey to such things and realise their folly after losing their hard-earned money.
Contribution of the country’s small towns to mutual funds asset base surged 46 per cent to Rs 4.1 lakh crore by November-end due to a spirited promotion campaign by industry body Amfi.
Improvements made by Finance Minister Arun Jaitley to the current health and medical deductions u/s 80D and 80DDB in the Budget 2018 can help the common man to a large extent.
Under various provisions of the Income Tax Act, a housing loan can help an individual reduce his/her tax liability to a large extent. Here’s all you need to know.
On February 1, the Union Budget will announce policies for different, niche sectors. Tune a part of your equity investment in companies which may gain. However, do not overlook the fundamentals of a company.
The problem doesn’t stop here. It gets bigger, as investors are putting their life savings in these funds with a hope to get regular dividends. Investors are supposed to know that a fund can only pay good dividends till the markets are in a good mood.
Advance tax is calculated by estimating the current year income and then applying the tax rates in force. TDS is also deducted to arrive at advance tax liability.
Payment of Gratuity Amendment Bill 2017 is likely to be passed in the forthcoming Budget session, which will make formal sector workers eligible for tax free Rs 20 lakh gratuity.
Today, as the sky breaks into a riot of colours with several kites trying to soar the highest, people are filled with renewed energy and enthusiasm for the Uttarayan.
Retail investors are preferring systematic investment plan (SIP) option for investing in mutual funds as the industry garnered over Rs 6,200 crore through this route in December, a surge of 56 per cent from the year-ago period.
Are you a first-time tax payer? You might be getting hassled by the process of TDS deduction and might be thinking about getting your tax burden reduced.
Bangalore’s Whitefield: It was during the late 1880s when the neighbourhood of Whitefield in Bangalore witnessed a shift from being known as a settler’s haven due to its scenic beauty to being one of the key technology hubs in Asia.
It’s a big good news for government employees of this state.
RERA will help realise the ‘Housing for All’ initiative by the government, and the seamless implementation of GST will further consolidate the real estate segment in India.
With the mutual fund industry recording stellar inflows in 2017, even as investors may be on the lookout for top rated mutual funds, research firm Morningstar’s analysts have assigned a Gold rating to three large, flexi, and mid-cap funds from ICICI Prudential Mutual Fund and Franklin Templeton Mutual Fund.
Bitcoins will continue to be popular across the world in 2018 and are likely to see more price volatility.
Here are some mutual funds which have consistently provided superlative returns and do stand out as better investment choices.
Implementation of 7th pay commission (CPC) announced.
If there is one thing that most people consider too embarrassing to discuss, it is money. Sadly, it is money matters that threaten to be the undoing for many a married life.
The Jammu and Kashmir government on Thursday announced that it will implement the 7th Pay Commission report recommendations from April 1, 2018! Much to the joy of the staff, the government has also revealed that it will give one per cent Dearness Allowance (DA) to them from July 1.
Non-maintenance of minimum average balance in savings bank accounts is not the only thing which attracts charges. There are lots of other things for which hefty charges are levied by banks.
‘Is there any proposal from Government of India to discontinue free banking services from January 20?’ Now, Narendra Modi government has come forward to answer this. Find out!
Bank on India is going to make some of their services chargeable from 20th January, 2018, which were earlier free.
Housing sales fell 6 per cent in Delhi-NCR last year, lowest since 2010, at 37,653 units while prices fell by 2 per cent due to demand slowdown and impact of new realty law RERA and GST.