Taxpayers have much expectation from the Union Budget 2018. However, will Finance Minister Arun Jaitley extend any major tax relief to them?
What could be an appropriate proof for your investments and savings in order to prevent excess deduction of taxes? Find out.
As per Section 56(2)(vii) of the Income Tax Act, where an individual receives any money from any person, without consideration, exceeding Rs 50,000, then whole of such amount is taxable as income under head ‘Other Sources’.
If you had attended any marketing event in the late 90s or early 2000s, you may recall something called ‘mass customisation’. It was a dream.
Credit cards not only save us from the hassle of carrying cash, they also reduce our cost of transactions by offering cashbacks, discounts and reward points on card transactions.
Pensioners under EPS-95 may get a minimum of Rs 5,000 a month as interim relief, and Rs 7,500 eventually, in view of the assurances by the labour ministry, the organisation pushing for the cause said today.
Since personal loans have implications on your financial future, you should be careful when applying for a personal loan.
While FATF has addressed a ‘perceptive leniency’ in the fight against money laundering, much needs to be done at ground level to control operational risks.
Are you aware how health insurance can help you maximise your tax savings? Here’s how you can do it.
The middle class taxpayers may be offered tax benefits in Budget 2018, even as the NDA government looks to woo them ahead of 2019 elections.
Healthcare in India is in the eye of a proverbial storm. There has been considerable debate over public policy in regulating private healthcare and providing affordable access to every Indian.
If you have taken the deduction of capital gain in the year of sale of original flat, the construction of new flat had to be completed within three years from the date of sale of the original flat.
In October 2017, Securities & Exchange Board of India (Sebi) issued new reforms on categorisation of mutual fund schemes and narrowed down on just five main categories (equity, debt, hybrid, solution-oriented and other schemes) to curb the unnecessary cluster within fund houses.
7th Pay Commission salary hike has been cleared for implementation for this important pillar of government and it will come as nothing short of great news as pay is all set to jump massively.
This has been done to minimise the genuine hardships faced by such companies, said the Central Board of Direct Taxes (CBDT)
As you ring in the New Year, the financial year is coming to an end and along with it come tax-saving woes.
An annualised yield is the interest or dividend received in a year over the total investment made.
Many changes were witnessed in the real estate market in 2017, leading to a challenging time for it. However, revival of the sector is expected in 2018.
The New India Assurance Company Ltd (NIAC), is ready with its new product of Title Insurance covers for the benefit of builders and developers, a top company official said today.
The State Bank of India has released some security tips for its customers which will ensure safe online banking.
The State Bank of India is mulling over changing its rules for maintaining minimum average balance in savings accounts. It may also slash the penalties for non-maintenance of MAB.
While LIC paid claims on 7,56,399 policies, ICICI Pru Life settled 10,539 policies in FY17. HDFC paid claims on 12,421 policies in the same time period.
At the end of every financial year, many taxpayers make investments to minimise taxes, without adequate knowledge of the various available options.
Equity will remain the most favoured asset class in terms of asset allocation in 2018-19 because of relative underperformance of other asset classes.
Banks have started recaliberating the cash vending machines (ATMs) to dispense the new Rs 200 banknotes which were introduced last August.
HDFC Bank has launched EasyKeys, a new digital offering, that lets you do banking transactions using your smartphone’s keyboard.
Indian mutual fund industry’s assets under management (AUM) are expected to touch Rs 100 lakh crore in the next 10 years on account of strong participation from retail investors, a top Mahindra AMC official said today.