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
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
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
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
The insurance regulator has proposed to relax norms for registration of insurance marketing firms to improve penetration and sell other financial products, too.
This market is going to reward efficiency so focus more on companies with above industry average OPMs. State-owned banks should be avoided as the extent of bad loans and recapitalisation are still not
Robust enterprise-wide data analytics capabilities help organisations develop new products and services or optimise existing ones, utilise assets better, increase operations efficiency and improve cus
One of the most important points to note before embarking on the investing journey, especially in the equity markets, is that market movements must not make you emotionally weak and not bring any doub
Strategic investments in mutual funds can help build retirement corpus, make down payment on your home loan and finance your child’s education expenses.
When any HUF consist of only husband and wife, there is only one co-parcener and in such case income can’t be taxed in hands of HUF. It will be taxed in the hands of individual co-parceners
With mis-selling quite prevalent in the insurance industry, it is good to do some fact-checking on the agent and the policy before signing on the dotted line
A term policy is one of the most cost effective methods to ensure your loved ones are adequately protected at all times,and is a must for any earning individual.
While higher interest rates offered by NBFCs may lure retail investors, they must first look at a company’s credit ratings, assets and liabilities and record of servicing debts
