Is this a good time to buy debt mutual funds? Find out

An ideal investment portfolio is targeted to meet every financial goal of an investor, and it needs to be reallocated every now and then to make the most out of market movements. Each investment instr

10 allowances which form salary of an individual under the I-T Act

If you think that your entire salary is taxable, then that is not true. The overall package, which is termed as CTC, comprises many allowances. While calculating taxes, employees must know which allow

basic salary, HRA, DA, Bonus, income tax act, performance, allowance, salary, special allowance

RBI status quo on repo rate disappoints real estate

Hit hard by the demonetization drive and having failed to get a major push by the Budget, the real estate sector was looking towards the February 8 credit policy announcement with much hope. It was ex

Union Budget 2017, Finance Minister, Arun Jaitley, affordable housing, real estate, Brotin Banerjee, Tata Housing infrastructure, GDP, economic growth

RBI keeps repo rate unchanged: Here’s how you can still get better returns on investments

The RBI has kept the repo rate unchanged at 6.25 percent contrary to the expectations of economists who were hoping for a 0.25 percent cut in the rate. However, RBI Governor Urjit Patel, analysing cer

RBI, RBI policy, credit policy, monetary policy, repo rate, reverse repo rate, investements, fixed deposits

RBI keeps key policy rate unchanged, but expect your EMIs to come down further

In a surprise move, RBI governor Urjit Patel preferred to keep the key policy rate unchanged at 6.25 per cent in his third policy review, although bankers, market analysts and financial experts were h

Income tax returns: CAs to pay fine of Rs 10,000 for filing incorrect info, says Sushil Chandra

In a bid to check filing of incorrect returns by CAs, the tax authority will impose Rs 10,000 fine on such professionals to deter such act.

Govt confident that debit card charges may decline

As the government seeks to promote digital transactions, Finance Minister Arun Jaitley today exuded confidence that the charges on such payments would come down with increase in volumes.

FM halves tax rate for lower income slab: Will consultants/professionals benefit from this move?

The government has halved the tax rate from 10 per cent to 5 per cent for individual tax payers who fall in the Rs 2.5 to Rs 5 lakh tax slab. This is supposed to largely increase the tax compliance as

RBI sets rupee reference rate at 67.3692 against dollar

The Reserve Bank of India today fixed the reference rate of the rupee at 67.3692 against the US dollar and 72.0716 for the euro.

5 financial planning mistakes you must avoid

It's a myth that financial planning means only making investments towards your financial goal. Doing financial planning gives you the holistic view of your finances, right from budgeting your househol

With BHIM do you need to dump other digital wallets? Five things you must know about Bharat Interface for Money

Bharat Interface for Money (BHIM) is now available on play store with an updated version – 1.2. BHIM is a different mobile application for doing financial transactions as compared to other mobile wa

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Why ELSS funds should be your Section 80C tax saver

One thing every investor wishes to have in his portfolio is an instrument that can help build wealth and save taxes at the same time. PPF, NSC, and tax-saving fixed deposits are some such options that

Warranty and Indeminity Insurance: Still not adequately tapped in India

The number of cross border M&A deals in India has steadily been increasing.

Buying critical illness insurance? Here are some tips

While in most cases, a regular health insurance is sufficient to protect oneself and family, it may not be enough to make up for the loss of income and liquidation of savings and investments due to th

High attrition at LIC: To retain fleeing agents, insurer hikes gratuity to Rs 3 lakh

In its bid to arrest the high attrition levels and encourage them to do more business, the national insurer Life Insurance Corporation has hiked gratuity for its over a million agents to Rs 3 lakh.

Rs 3 lakh cash transactions limit set by Budget too high: Revenue Secretary Hasmukh Adhia

Revenue secretary Hasmukh Adhia said the Rs 3-lakh limit set by the Budget for cash transactions was “too high”, even though it may not be practical to lower it at this juncture.

Union Budget 2017 – income tax rates: Here’s what the new 10% surcharge will cost the super-rich

Post the demonetisation phase, the union budget expectations had soared high. The budget to some extent matched the desire of a common man, but it is likely to impact rich taxpayers negatively with th

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Payment goes digital: How SMEs now have a global advantage

India is expected to have close to 10 million online sellers by the end of 2020, with a potential value of $700 billion, according to a Walmart study.

Long-term capital gains tax to target ‘khoka’ companies, says government

Allaying investor fears over levy of long-term capital gains tax on share transfer in unlisted companies, the government today said the move is only to target 'khoka' companies and 'genuine investment

Conversion of preference shares into equity exempted from tax

In a big relief to private equity and venture capital firms who prefer buying convertible preference share, the government has exempted conversion of preference shares into equity from capital gain ta

Union Budget 2017: 5 charts that show how your tax outgo will be impacted

We take a look at 5 charts that explain how your tax outgo will change post Narendra Modi government's Union Budget 2017:

Budget 2017, Budget 2017 what to expect, Budget 2017 latest news

Union Budget 2017: Insurance industry hails decision to hike coverage under PMFBY

The general insurance industry today hailed the Union Budget and welcomed the government's decision to increase the coverage under the Pradhan Mantri Fasal Bima Yojana from 30 per cent to 40 per cent

Union Budget 2017: How individual tax payers lost

There were a lot of measures announced for the economy as a whole and some of the key budget income tax proposals for individuals are set out below:

Budget 2017, Budget 2017 what to expect, Budget 2017 latest news

Union Budget 2017: How FM Arun Jaitley has sought to award honest tax payers

From a personal tax front, the budget seems to be balanced providing relief to the low income level taxpayers.

Budget 2017, Budget 2017 what to expect, Budget 2017 latest news, Budget 2017 tax

Union Budget 2017: Big cheer for taxpayers with income below Rs 5 lakh! Tax rate slashed to 5%

Union Budget 2017: Finance Minister Arun Jaitley in his speech announced that he will reduce the tax rate of individuals earning between Rs 2.5 lakh to Rs 5 lakh to 5% from the current 10%.

How to distinguish between the good and the mediocre IPO

Initial Public Offerings have been a popular investment avenue. A number of companies have been able to generate listing gains as well as continue to show strong financial performance.

Union Budget 2017: What you should do on B-day to create wealth

As finance minister Arun Jaitley presents the Budget today, investors will be cautious, especially if he makes any changes in the capital gains structure.

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


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