Amitava Chakrabarty

With exit polls predicting majority for NDA, is it right time to invest in equities, equity-oriented MFs?

With the exit poll predictions – of about 300 seats for NDA – removing the overhang and providing a relief, both Sensex and Nifty have registered a robust surge.

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Taxpayers Beware! Specifications in ITR Forms to make it difficult for assessees to stay indifferent

Due to the lack of awareness or prevailing trends, many tax payers used to skip information needed to fill all the applicable fields of Income Tax Return (ITR) Forms, while filing their tax returns.

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Are you getting family pension? You are eligible for deductions; Here is how to show it in ITR

Pension under Defined Benefit Plan is generally applicable to government servants who joined their services on or before December 31, 2003 and armed forces personnel and their families.

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Stop hunting for that illusive ‘best investment’; Here’s why

Following others without knowing financial goals of himself/herself may cause distress in the field of personal finance and failures in reaching the goals.

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Are you a frequent job hopper? Keep these things in mind to minimise your tax liability

After resignation, an employee gets Earned Leave Encashment and Gratuity as retirement benefits, while the PF amount accumulated in the Employees' Provident Fund (EPF) account may also be withdrawn.

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Not sure if income will be taxable or not? Declare investments only if you disclose all your incomes

It's time for salaried individuals to submit their tax-saving investment declarations to their employers, so that their tax liability is calculated and the tax payable, if any, is deducted through TDS from the monthly salary.

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Finalising travel plans? HDFC cardholders may avail up to Rs 5,000 discount on both flight, hotel bookings

HDFC Bank has tied up with leading travel aggregators to provide attractive discounts on flight and hotel bookings done by using credit card and EMI options for both domestic and international sectors.

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With banks on rate cut spree, here is how to lock your funds in FD at 9.25% interest

After 25 bps repo rate cut by the RBI Monetary Policy Committee policy on April 4, 2019, most of the banks and corporates start reducing the interest rates on their fixed deposits scheme.

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Good news for SBI Cardholders! Bank offers 5% cashback, discount on purchase of jewellery on Akshaya Tritya

Cardholders will get the benefit till May 7, 2019 by using all SBI credit cards, excluding Corporate Cards, at the stores of leading jewellers.

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Want stability with benefit of equity return? This category of mutual fund would suit you best

Although debt funds also face some market risks, but such funds are very much trusted as investments are made in secure fixed-income instruments like government securities, debentures, bonds, treasury bills.

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Planning to buy gold on Akshaya Tritiya? Pure gold or Sovereign Gold Bond, which option is better?

On Akshay Tritiya, people tend to buy gold as it is believed that acquiring gold on this auspicious occasion brings endless fortune.

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Do you frequently make online payments? Beware, security lapse may result into huge losses

The cases of cyber attacks are on the rise as India takes a quantum jump towards a cashless or less-cash society, especially after demonetisation.

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Fixed return investments like FDs can’t beat inflation, but can they protect you during a financial crisis?

Despite inflation and tax inefficiency, why fixed return investments are still very popular and thriving?

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How much can you invest in NPS? How safe and rewarding is it? Know facts about the pension system

Investments made in NPS mature when an employee retires at the age of 60 years and the subscriber has to invest within three years minimum 40 per cent of the retirement corpus in an annuity plan.

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Wondering how much term insurance would be sufficient for you? It depends on your lifestyle

The motive of taking a term insurance plan is to cover the risk of early death during one's working life.

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SBI Cardholders Alert! Bank may block your card if you make these transactions

In the event of non-compliance with the guideline, the cardholder (including the Add-on card holder) will be held liable and the cardholder may be debarred from holding the card.

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Revised Form 16 seeks more details, but may also make life easy for taxpayers; Here’s how

Mentioning types of payments made by the employer to the employee will make it easier for the income tax department to electronically reconcile everything without human intervention.

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Filing ITR-1 Sahaj Form will not be the same anymore; Check out what has changed

Mentioning of the sources of income not only brings clarity, but also plugs the loopholes, as assessees can't remain ignorant anymore and omit the incomes.

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Want to become a crorepati through small investments? Take SIP route; know its benefits

You can start investing in mutual funds through a SIP with amount as low as Rs 1,000 per month or in case of certain schemes, even with Rs 500 per month.

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Salaried with dividend income? You may still file ITR-1 Sahaj form, provided these conditions are fulfilled

The change in long-term capital gain (LTCG) tax rule last year has made filling income tax return (ITR) difficult for salaried equity and mutual fund (MF) investors.

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PNB Housing Finance offers home loans for 30 years at lower EMIs: Should you opt for them?

Rather than paying money in lump sum, it becomes convenient for the salaried class to pay the equated monthly installments (EMI) that they may spare from the salary.

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After Paytm and GooglePay, PhonePe plans to offer wealth management services, MF schemes

According to Terrence Lucien – Head of Mutual Funds – PhonePe, the company is also planning to provide personalised solution to make things easy for the customers.

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Getting loans from SBI to become easy in smaller towns, villages

It is the first agreement of its kind in the country that SBI has signed, which would provide a boost in the priority sector lending space.

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Alert for salaried! Are you investing in equities, MFs and ELSS? Get ready to file a different ITR form this time

LTCG arising on transfer of equity shares or units of equity-oriented mutual fund (including ELSS) was exempt from tax earlier, provided securities transaction tax (STT) was paid at the time of transfer.

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5 reasons why taking cover against critical health illnesses becomes a necessity

A majority of Indians continue to bear their medical expenses out of their pocket and at times even end up mortgaging their assets due to shortage of funds.

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Forgot to deposit minimum amount in your PPF account? Here is what you may lose & ways to revive it

You may deposit only up to the maximum investment limit of Rs 1,50,000 by adding balance in all accounts in a financial year, while the minimum amount to be deposited to keep the accounts active is Rs 500.

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Can you open a PPF account in SBI without having a savings account?

Only a resident individual may open a single PPF account for self and/or one account each for his/her minor children.

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Income Tax Calculator, Budget 2019, How to Calculate Income Tax


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