Renting homes may be more beneficial than buying: Study

Renting a house may be financially more beneficial than owning one, according to a new research which claims that people often overlook the costs of building insurance and property maintenance when bu

Airtel launches Payments Bank nation-wide with some additional features

Contributing to the government’s vision of digital India, Airtel – with a wide network of 2.5 lakh banking points (Airtel retail stores) across 29 states – has started its Payments Bank nation-w

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What makes ELSS MF one of the best financial planning instruments

If being a young earner you don't know how to save income tax by the end of the financial year, then opt for ELSS funds and invest up to Rs.1.5 lakh.

ELSS tax saving, mutual funds, income tax act, income tax, tax

Start planning your taxes: Here are your insurance options

Several financial products are available in the market which cater to various risk appetites and investment objectives.

How to update your Aadhar Card details online

Aadhar Card Update Online Process: The Supreme Court has said that linkage of PAN with Aadhaar is mandatory for filing of Income Tax returns. With the income tax filing deadline approaching, a lot of

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Now you can make paperless LTA claims: Five things to know about it

Zeta, a Fintech startup offering smart employee benefits for tax saving under its Optima brand, has announced the launch of the first fully digital Leave Travel Allowance (LTA) solution. Known as the

Real Estate: Taking the ‘demon’ out of demonetisation

Demonetisation is the most-repeated word used by an entire nation in the current times. Since 8thNovember 2016, the day PM Modi announced this revolutionary step affecting India’s economy, demonetis

10 sure-shot ways to survive a job loss due to demonetization

The Modi government's demonetization drive may have been a bold move to curb 'black money' to some extent, but it is also likely to have significant adverse impact on the nation's GDP and the job mark

How to claim tax benefits on car provided by your employer

It is a common practice in MNCs and private limited companies to provide cars to their employees for discharging official duties. Above a pay-scale or grade of the employee, many companies provide a c

Here are 5 things to know about HRA exemption limits

Living away from your family in a rented house and paying rent every month gives you a feeling of why you are doing so, as 20%-30% of your salary is getting disposed of in paying the rent only. What i

HRA, section 80GG, income tax act

Two-wheeler, durables loans most hit by demonetisation: Cibil

Leading credit information company Transunion Cibil today said the demonetisation exercise has affected demand for two-wheelers and consumer durables loans the most.

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Tax saving through Post Office schemes: Here are 4 investment options for you

If you want to save tax without taking any market risk, then post office schemes may be a good option for you. Post office schemes are much secure investment options than those available in the market

term deposit, PPF, NSC, TD, SCSS,

International mutual funds: Great risks, great rewards

Several international funds, including gold-based funds, commodity-linked funds as well as US-based funds, have given good returns in 2016. (See box 1). In fact, as a category, international funds ret

E-commerce in India: Funding falls to 3-year low of $300 mn in quarter

Money raised by internet companies dropped to a three-year low in the December quarter, with less than $300 million coming in.

Demonetisation: IndusInd Bank honcho says repayments increased post Nov 8

Private-sector lender IndusInd Bank on Tuesday reported a net profit of Rs 750.64 crore for the quarter ended December 31, up 29.2% from the corresponding period of the previous year

Rumours about Paytm Wallet shutting down not true; you’ll now earn interest on money in your account

Soon after the Modi government's demonetization drive, digital wallets became a craze among people willing to go cashless.

paytm account, paytm wallet

Form 60: Here’s all you need to know if you don’t have a PAN Card

Banks have made PAN Card mandatory for carrying out transactions over a certain limit. Currently, its is Rs 50000. Other than this, you may be required to submit PAN details while buying and selling a

form 60, PAN card, section 277, income tax act, ration card, driving license,

FM may increase I-T slabs in Budget 2017: Here’s how it will reduce your tax outgo

Post the demonetization of the high-value currency notes and the drastic measures taken by the government to promote cashless economy to tackle the evil of black money, the jury is still out whether i

tax saving, tax slab, tax bracket

Market remains volatile: Is it right time to invest in equity mutual funds?

After the demonetisation of Rs 500 and Rs1000 notes, the market has remained volatile. In fact, both the Sensex and the Nifty have slipped into the negative zone many a times and have not reached thei

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Life insurance: Spare yourself tedious paperwork, here’s how to buy policies via OTP

MANY income tax payers tend to hurriedly pick up financial products to save taxes. Insurance plays a big part in this tax-saving effort as the amount invested in insurance is tax exempted under Sectio

Travel card: Here’s how to make your foreign trip hassle free

TRAVEL card, as the name suggests, is a prepaid foreign currency card that makes your overseas trip hassle-free and effective. Just like a debit card or a credit card, travel card gives you an opportu

Get lower rate of deemed profit on digital turnover

To promote digital payment, the ministry of finance vide press release December 19, 2016 announced reduction in existing rate of deemed profit to 6% of turnover, for payment received through banking c

Fuel surcharge levied on petrol pumps: 3 things to know while using debit/credit cards

In a bid to promote cashless transactions post demonetization, the government had waived various tax surcharges levied on credit/debit cards for fuel purchase. However, as banks wanted to impose 1 per

Fuel surcharge levied on petrol pumps, cashless, Ministry of Finance, MDR, ATM, CIBIL, bills, Interest, Debit cards, prepaid cards while credit cards, co-branded cards.

Five unexpected reasons for your home loan rejection

Well, let's face it, availing a home loan is surely a tedious task. Yes, it needs a lot of research and time in order to get a perfect home loan deal.

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Here’s how you can save income tax with health insurance

Health insurance may not be a part of the investment but should be an essential part of your financial planning. Why pay hefty medical bills when you can go cashless at hospitals? Health insurance pol

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Mutual funds and income tax: All you want to know about benefits systematic withdrawal plans offer

FOR any long-term investment, tax efficiency matters the most. Systematic withdrawal plans (SWPs) in mutual funds can offer the most tax-efficient income to meet one’s post-retirement needs.

Should you invest in sectoral mutual funds? Find out

Sectoral funds typically focus invest-ments in a single sector, thereby making it critical for the investor to have a view on the sector.

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


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