A new series of cost inflation index will be applicable from assessment year 2018-19 to calculate indexation for the purpose of long-term capital gains tax
Super premium credit cards are provided to a select few Ultra High Net Worth individuals, who can not only afford the high joining and renewal fee, but can also spend several lakh rupees with every swipe.
The Maternity Benefit (Amendment) Act, 2017, has significantly enhanced the maternity benefits for women employees. It elevates India to a select group of top tier countries in the world that provide maternity benefits to employees.
You can contribute as much as you want to your National Pension System account but tax benefits are limited as under Sections 80C, 80CCD(1B) and 80CCD(2). And remember, pension from NPS is not tax free.
While owning a home is an aspiration for many people, it is often the culmination of many years of hard work.
Cash flow statements act as a kind of reconciliation between profit made by the company and its cash and bank balance.
The use of credit score is no more limited to just lenders’ evaluating their risk of providing you fresh credit facility or increasing your existing credit limits.
As interest rates on savings accounts plummet, one can look at NPS Tier II and liquid funds of mutual funds to park idle cash and earn higher returns with easy liquidity.
Withdrawal of the accumulated balance from a recognized PF is taxable if the employee has not rendered continuous service for five years or more to the employer, subject to certain exceptions.
Equity savings fund comes with three benefits—growth potential of equity, income opportunity and tax efficiency. It is suitable for those who want to combine the potential for capital appreciation along with regular income and medium market volatility
The year 2016 has been a watershed year for the financial services sector, more so, for the mutual fund industry.
Section 56(2) (x) of the Income-Tax Act seeks to impose tax in the hands of recipient subject to certain conditions.
Green shoe option enables the underwriters to buy back up to 15% of the shares so that the market price on listing does not go below its offer price.
A standard motor insurance policy will not cover you for adventure activities such as desert safari rally, says Manohar Bhat.
If you are the only breadwinner in your family, then you shouldn’t think twice before investing in a good insurance plan that covers you against life-threatening diseases such as cancer.
New rules impose tax liability on both the buyer and seller if the price of the unlisted equity shares is below the fair market value. So ensure that the price at which the transaction has been entered into is higher than the value laid down by the valuation guidelines.
From debt mutual funds lending to non-prime rate corporates to banks coming up with additional tier 1 bonds, fixed income instruments are taking on higher risks to ensure a higher rate of returns. It is better for investors to stick to AAA oriented investments and stay safe.
India is entering an equity saving ascent that is both cyclical and structural, as households shift out of physical assets and toward financial assets.
Artha India Ventures (AIV) is an early-stage venture capital investor. Its investment portfolio consists of hospitality and travel, fintech, data analytics, e-commerce, mobile apps, Internet of Things, Artificial Intelligence and cloud services.
AT A TIME when hyperlocal e-grocers LocalBanya and Peppertap were collapsing under the weight of heavy discounts, micro-delivery grocery platform Milkbasket which started operations in March 2015 was learning to survive.
When the equity market has run up and we are not sure whether to stay invested, SWP may be used for a gradual withdrawal into a defensive asset class and get the benefit of exit cost averaging when the market is on the higher side.
B GOPKumar The markets may be on a song, but finding the right stock broker is akin to finding the right partner. There are over 3,000 broking outfits in the Indian markets. Be it cash segment, equity derivatives, currency derivatives or debt, brokers play the crucial last-mile role of connecting the investor with the market. […]
Yes, most insurers offer family floater mediclaim policies from Rs 2 lakh to Rs 10 lakh sum insured.
For financial freedom to be real and meaningful, the tool of insurance needs to be popularised and provided to all citizens with convenience to purchase and maintain.
A deduction under Section 80 TTA up to Rs 10,000 can be claimed against savings account interest, which means that any interest income on savings bank account over and above Rs 10,000 will become taxable.
All it took was five consecutive days of downward closing of the Sensex and Nifty for the investors to seek answers as to if the rising trend in the Indian equity markets are going to end.
A holistic view encompassing macro as well as bottom-up analysis of growth drivers suggest vast wealth can be created by owning disruptive leaders and value creators.