It’s time to reassess your taxable salary: Here are some important changes in income tax rules this year

Employers start asking for the proof of tax-saving investments and expenditures that are eligible for tax benefits for reassessment of your taxable salary to readjust the TDS.

Term deposit share in bank deposits bounced back to 42 pct this financial year

The share of term deposits in banks’ incremental deposits bounced back to 41.8% in 2017-18 from 19.1% in 2016-17 as the psychological impact of demonetisation on saving behaviour wore off.

National Pension system: Now get tax-free maturity withdrawals; check details here

The government has made the whole 60% of the NPS accumulated corpus tax free, bringing it at par with PPF and EPF, besides raising its contribution to 14% of basic pay and DA for government employees

Your queries: An individual needs insurance cover that is 10-15 times one’s annual income

Price of insurance policies online and offline differs from company to company and from product to product.

Tax talk: Here are rules for TDS on non-residents’ payments

The Central Board of Direct Taxes notification dated October 27, 2018 has introduced the online filing of application for lower deduction of tax (i.e. Form 13) and let’s hope obtaining the certifica

Pros and cons of investing in equity vs debt vs gold vs FD: Find out which one is your cup of tea

You should also know the risks and rewards associated with every investment class to decide if a single asset class or a mix of asset classes would help you meet your requirement.

Government makes NPS withdrawal 100% tax-free; It gives you a big benefit

The government has made the entire NPS withdrawal tax-free and has also raised their contribution to the NPS corpus of the Central government employees from 10% to 14%.

Equity investment: 7 mistakes you should avoid to become a successful investor

In a growing economy, there is no reason that the investments made in the shares of good companies would give you loss, unless you commit the following mistakes.

What exactly is Co-Pay feature in a health insurance policy?

In order to cater to the rising health insurance cost, insurers have introduced a co-pay element in the health insurance plans.

Pre-poll bonanza: NPS withdrawal tax-free, higher govt contribution

The latest move on tax-free withdrawals would meet a long-pending demand to make NPS at par with employees’ provident fund (EPF) in terms of tax treatment.

Worst performance: Nearly 69 per cent equity plans give negative returns in 1 year

In terms of sectoral returns, the infrastructure sector saw its category average at -17.58%, with all the 23 schemes giving negative returns.

Here’s all you wanted to ask about PM Awas Yojana and home loans

Carpet area of the house under these schemes should up to 30 sq. mts. for EWS beneficiaries and up to 60 sq. mts. for LIG beneficiaries.

Home Loans: It just got harder to get a loan from an NBFC

While banks have the same eligibility criteria, it can differ in case of NBFCs. They have different criteria for salaried and professionals and it depends on the income of the borrower and other outst

Unaccounted cash in bank locker? Taxmen may knock at your door

There is no bar in keeping the cash in the bank lockers but it may attract investigation by the income tax department. Tax officials may require explanation to understand the source of every receipt o

Wealth in India expected to rise by 87% over 5 years: IIFL Wealth Index 2018

India's super rich are expected to vastly exceed their global contemporaries, making India a trailblazer among the world's most powerful fortune builders.

Beware! These tax-saving investment mistakes can sink your finances

It's said, if you fail to plan, it means you plan to fail. So, it's better to plan before you make your tax-saving investments, so that you may reach your financial goal comfortably.

Good news for Govt employees! Entire withdrawal from NPS will now be exempt from income tax: FM Arun Jaitley

The Union Cabinet has recently approved some changes in the NPS which will benefit around 18 lakh Central government employees covered under the scheme.

Caution! You may lose money if go for high-interest FDs offered by NBFCs

NBFCs offer services like two-wheeler loans, consumer durable loans, gold loans, vehicle finance and loan against property and enjoy a much larger share than the public sector banks.

Bad news! SBI hikes lending rates; Home loan, car loan to cost more

Soon after HDFC Bank increased its MCLR, the State Bank of India has hiked its MCLR, BPLR and base rate w.e.f. December 10, 2018.

Investing in mutual funds? Here’s how to create a perfect MF portfolio in this volatile market

A perfect mutual fund portfolio is one that is commensurate with one’s risk appetite and in all probability is capable of meeting one’s financial goals.

Investment planning: Factors that determine investors’ risk appetite

A policy statement helps understand an investor’s risk appetite and determine financial goals accordingly

5 smart ways to plan a big fat wedding on a budget

Here are a few ways to throw the best party of your life without having to let go of your financial goals or draining all your savings.

Homebuyers Alert! Here’s effective rate of GST on various types of homes; Check out what Government has said

There is still confusion among a majority of homebuyers about how much GST they are required to pay on the different types of homes that are available in the market.

No TDS on interest income up to Rs 50,000 in case of senior citizens, clarifies CBDT

CBDT has clarified that in the case of senior citizens, no TDS is required to be deducted u/s 194A, where the amount of such income doesn't exceed Rs 50,000 in aggregate.

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