Money has time value and a rupee received today is more valuable than a rupee to be received after five years
Doubling the insurance industry’s growth rate and aligning products to the changing demography will be the top priority for
TS Vijayan’s successor
An investor can park his cash flow needs into a liquid fund and then execute a systematic withdrawal plan. This way the possibility of the capital being eroded due to volatility in the equity markets is reduced while ensuring that the cash flow needs are met
As per Section 139(1) of the Income Tax Act, the due date for filing income tax return (ITR) is July 31 of every assessment year for individual / Hindu Undivided Family.
NRIs are subject to tax in India only in respect of India sourced income
The start-up brings together fashion designers, bloggers, brands, models and photographers on a single platform, ensuring a 360-degree brand management service to the fashion talent network
Despite the best of intentions, crores of citizens are deprived of government schemes that can help them overcome poverty due to ignorance on how to access these benefits.
Market volatility is not always bad. In fact, you can add certain new stocks in your portfolio as they may be available at a cheaper or reasonable price
Let’s take a look at some essential steps to take once you receive the policy document in your hand. If there is something amiss with it, you can take immediate corrective actions and save yourself trouble down the road.
Joint applicant’s name should be on property deed to avail of tax benefit
Apart from risks of investing in overvalued stocks, investors at this point of time will also have to look at various constraints of investments, in terms of taxation on equity, liquidity and the time horizon to meet financial goals.
It is very much essential that you protect your asset from creditors in the unfortunate event of your death and ensure that the ownership of the asset remains with the family members, thus buying a term cover is advisable.
Owning a piece of a business means owning a wealth-creating asset. When investors invest in equity or in a mutual fund, they should remember that they are investing in a piece of business or in case of a fund, investing in different businesses carefully selected by experts.
Tax saving should form a part of financial planning aimed at generating wealth and reducing financial risks.
Gold’s rise since mid-December has coincided with the US dollar’s free-fall that began just after the Fed raised interest rates for the fifth time since December of 2015.
On Tuesday, JD Power, the market research company, recognised the highest-performing automotive, two-wheeler, tractor and tyre brands in the country, in its 2017 India customer satisfaction index (CSI) awards that took place in Delhi.
With a home loan covering 70-90% of the cost of a home, the remainder has to be paid by the homebuyer. Investments in liquid mutual funds can be used for the down payment. If the purchase is at least five years away, you can use PPF and equity mutual fund investments to bridge the gap.
For investing in equity, a retail investor has two popular choices. One, select and buy the stocks— a DIY approach. Second is to rely on professional fund managers of mutual funds expecting better performance —a smart money approach.
Whenever a property is sold in India, the seller makes capital gains which are taxed as income in his/her hands.
In the current market conditions, maintain asset allocation, stay invested for the long-term, and most important, have rational expectations on returns.
In the world of investments, there is a well-researched theory of how human emotions play strongly at the wrong time.
As per Section 54 of Income Tax Act, any long term capital gain arising from the sale of a residential property shall be exempt to the extent such capital gain is invested in the purchase of another residential property within one year before ortwo years after the due date of transfer of the property sold or construction of residential house property within a period of three years from the date of transfer/sale of property.
Budget 2018: Housing finance is perceived to be the third most impactful industry contributing significantly to the economy and with tremendous future potential. It is the second-largest loan portfolio for NBFCs and an important employment generating sector, accounting for 5-6% of India’s GDP and capital formation.
Non-Resident Indians (NRIs) are not eligible to open an account under the provident fund scheme as per Rule 3 of the Public Provident Fund Scheme.
As long-term capital gains tax on equity will become a reality from April this year, here’s what you should do between now and March 31 to manage your equity portfolio.
Budget 2018: A simple investment so far has now become much more complex as you will now have to manage your returns, too. Suppose your gain for a year is Rs 90,000 and you book the same, there’s no tax.
Budget 2018: The insurance cover of Rs 5 lakh could provide citizens a taste of how insurance products can protect their earnings and could lead them to reduce risks to safeguard other assets such as home and vehicle.