Amitava Chakrabarty

LIC’s Nav Jeevan offers good insurance cover, tax benefits with options to pay single or limited premium

LIC’s Nav Jeevan plan is a non-linked with profit endowment assurance plan, with the options to pay either single premium or limited premium for 5 years.

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Income Tax Return 2019: Income just entered surcharge level? Which ITR to file and how to get marginal relief

Income Tax Return e-Filing for AY 2019-20: So far, surcharge is applicable on two slabs - 10% on taxable income between Rs 50 lakh and Rs 1 crore and 15% on income over that level.

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Gold prices at all-time high: Here is how to buy gold around Rs 2,400 per 10 gram cheaper by investing today

Taking cues from global trends, gold prices in India have jumped over Rs 930 per 10 gram on Thursday to hit the all-time high of over 35,800 per 10 gram in the bullion market in New Delhi.

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Income Tax Return 2019: Don’t blindly rely on pre-filled ITR Form; correct discrepancies, if any before submission

Income Tax Return e-Filing for AY 2019-20: Pre-filled Income Tax Return (ITR) Forms are of great help for the assessees as they need not enter all the information in each and every place of the form.

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Sukanya Samriddhi Yojana : With high tax-free return of about Rs 74 lakh, it’s still a blessing for your daughter

Post Office Small Savings Schemes still offer high rates compared to similar products offered by other financial institutions, and that too with Sovereign guarantee from the Government of India.

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Mirae Asset Midcap Fund NFO is open now: Should you invest in it?

Opened on July 8, the NFO will close on July 22, 2019, but the units of the fund will be available for continuous sale and repurchase from July 30, 2019.

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Budget 2019: From Rs 1,17,000 tax to nil tax; Here is how it is possible now

Union Budget 2019 India: Finance Minister Nirmala Sitharaman didn't increase tax slabs or 80C deduction limit, but imposed additional surcharges instead on taxable income of over Rs 2 crore.

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Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1

Union Budget 2019: From the beginning of the financial year 2020-21, the entire lump sum NPS withdrawal made at the time of retirement at the age of 60 years will become tax free.

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Budget 2019: Buying an affordable house, electric car? No tax to be paid on gross salary of up to Rs 13.25 lakh

Union Budget 2019: On purchase of an affordable house, along with deduction of Rs 2 lakh on payment of home loan interest, you would get additional deduction of Rs 1.5 lakh.

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Budget 2019: Hike in import duty may dampen the gold rush

Union Budget 2019 India: With the high gold prices in the domestic market, it was expected that the import duty may be lowered to cool the prices.

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Budget 2019: Hike in exemption limit on home loan interest to encourage affordable housing, boost economy

Budget 2019 India: The tax-saving per year on the interest paid would be Rs 1,05,000 for a person in the 30 per cent tax bracket, Rs 70,000 for a person in the 20 per cent tax bracket and Rs 35,000 for a person in the 10 per

Budget 2019-20: One of the government initiatives that draws favour of the Finance Minister is 'Housing of All'. News

SEBI’s quest to secure debt funds would make liquid schemes less lucrative, feel experts

After a series of bond failures, starting with the IL&FS crisis, hit the trusted debt fund segment hard, leaving the investors jolted and shaken, market regulator SEBI has announced new guidelines.

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Good news for LIC policyholders: You may now auto pay your premium by adding it to net banking

The customers of Life Insurance Corporation (LIC) of India need not worry anymore about remembering the due date of paying the LIC premium or take out time to stand in a queue to pay the renewal premium.

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Sensex, Nifty near all-time highs: Is it right time to invest in equity mutual funds?

For the last 2-3 years, while the Sensex and the Nifty have been touching new all-time highs, the broader markets – especially small- and mid-cap stocks – are lagging behind.

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SEBI tightens norms to make Debt Fund investments more secure

With a series of bond defaults following the IL&FS debacle that left the trusted debt fund category shaken, market regulator SEBI has come forward to restore trust among the investors.

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Why inexperienced mutual fund investors end up losing money?

Although equity mutual funds (MF) are managed by the teams of professional fund managers, but such funds also get affected by market volatility, especially in the short term.

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Neighbourhood ATMs vanishing? Smartphone-enabled Micro ATMs come to your rescue

Spice Money launches smartphone enabled Micro ATMs to financially empower the underserved across its existing 2 lakh customer touchpoints.

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Budget 2019: Biggest expectation from FM is to bring the economy back on track, says Motilal Oswal

The challenges before the Narendra Modi-led government, which has come back to power with a thumping victory in the Lok Sabha elections, is to bring the nation back on growth path.

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Budget 2019: Fintech players expect tax relaxation to push financial inclusion, propel Digital India

To make India a cashless or less-cash society, everyone has to be empowered to accept payment other than cash and need mechanism to live without cash a habit.

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Booking railway ticket early for vacation? How travel insurance may benefit you while traveling and when not!

Insurance company will provide Rs 10 lakh cover during the scheduled journey for a premium of just Rs 0.49 per passenger, but it may benefit even if your scheduled journey is cancelled.

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Gold prices at 5-year high: Is it right time to invest in gold or gold related instruments?

In India, with the current price of around Rs 31,248 per 10 gram, gold has crossed the previous all time high peak of around Rs 30,865 per 10 gram achieved in 2012.

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Buying home jointly? Here is how working couple may get deductions over Rs 2 lakh on home loan interest

As loan eligibility depends on annual income of a person or joint income of persons, in case of joint purchase, a couple becomes eligible to get more loan by pulling the income.

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Budget 2019: P2P lenders expect incentives, tax benefits for growth

Union Budget 2019 India: With easy transaction process, P2P lending is already a step ahead of traditional sources such as banks and the possibility of high returns make it a choicest option for investment.

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NFO Watch: Sundaram Ultra Short Term Fund offer is about to close; Should you invest?

As debt funds don't invest much in equities, such funds are remain unaffected by turmoil in stock markets and are considered relatively safe.

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Good News: From entertainment, fine dine to fitness, get deals, discounts on your Visa card

Gifting someone something material feels great, but Visa now gives you a reason to gift them a quality time that may give an unmatched feeling of love and joy.

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High price-to-rent ratio, increasing trend of co-living make buying home unattractive

Buying a house is traditionally a dream come true for Indians. But the trend is changing, as buying a house within the city limits or near the office areas becoming too costly compared to get one on rent.

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Debt fund crisis: How to play safe and keep away from risky funds

Despite the recent adversities that hit some debt fund schemes hard, benefits like high liquidity, safety and tax benefits on long-term capital gains still make it an attractive choice over other fixed income options.

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