Personal Finance Print

HDFC Life, SBI Life and other large private life insurance players grow stronger

HDFC Life saw 20% y-o-y growth in individual APE and similar growth in overall APE in Sept 2018

hdfc life, kotak News

Market volatility: No need to worry for sustainable business models with good marco-economic factors

Mean reversal is a popular theory in investment science which states that asset prices and returns eventually return back to the long-run mean or average.Accordingly, the Indian stock market could pro

Markets News

Why creditors cannot lay claim on proceeds from term policy under MWPA

Take a term policy on your life such that in case of any unfortunate occurrence, your daughter does not have to struggle financially.

Money News

Auto Insurance: Disruptive technology brings changes in the sector

To reduce claim settlement time, automotive insurance customers now are empowered to self-settle the claims by documenting the damage and filing for claims through smart devices

Insurance News

Equity investments: Why investing in quality large-cap stocks a better choice than low-cost ETF

If you are simply interested in earning equity returns without taking too much risk, investing in a quality basket of large-cap stocks or a low-cost ETF tracking large-cap indices is always a better c

Money News

Selling jointly owned flat? Both have to pay tax

Income from joint ownership property is taxed in the hands of both the owners in the ratio of their share in the property.

Income Tax News

Lessons from NBFC crisis: Securitisation market essential for sustainable funding

NBFCs will see some relief on the perception of inadequate liquidity over 3QFY19 and the securitisation push would be conducive for matching assets with liabilities.

Money News

Planning to invest this festive season? Here’s why gold bonds are a good option

The price of the Sovereign Gold Bond is fixed on the basis of simple average of closing price of gold for the last three working days of the week preceding the subscription period.

Markets News

Tax talk: Buying property worth more than Rs 50 lakh? Deduct TDS

From June 1, 2013, purchasers of immovable property (other than rural agricultural land) are required to deduct tax at source as per provisions of section 194IA of the Income Tax Act, 1961.

Income Tax News

Festival shopping: Here is how you can avoid post-festival financial stress

With festivities comes the risk of over-spending. So avoid impulse buying and put your festive bonus to good use even as you enjoy the festivities

Economy News

Here is why it’s time to take advantage of fall in stock markets

There has been a good correction in stock prices and the same has been continuing. Many stocks which looked highly valued now seem to have come within reach.

Markets News

How to leverage election year market crash and gain on averaging opportunities

Lok Sabha elections due next year, it is more important to hold on to stocks, buy more on dips and continue with SIPs.

Markets News

What is the difference between salary on Form 16 and 26AS

Short-term capital loss is allowed to be set off against both long-term and short-term capital gains.

Income Tax News

Falling Rupee & surging crude: Remain invested in debt funds which prioritise safety

If the rupee continues to depreciate on falling equity markets and higher oil prices, we expect market interest rates to move higher from the current levels.

Markets News

Know how you can save tax on capital gains

Independent capital gains rules are applicable for each asset class. However, there are numerous sections under which if you reinvest your long-term capital gains you can save on tax

Income Tax News

Only funds got on retirement can be invested in Senior Citizens Savings Scheme

Rule 4 of Senior Citizens Saving Scheme Rules states that any individual cannot deposit any amount more than what he/she has received on retirement.

Money News

Policyholders, your insurance company will be better regulated, here’s what IRDAI has planned

The benefit of adopting a risk-based supervisory framework will be a structured approach to help assess various risks, both internal and external.

Insurance News

Late tax refunds: Don’t feel helpless, you can go to the tax ombudsman; Here’s what to do

Taxpayers need to make known their acceptance of the ombudsman’s decision within 15 days of receiving the letter stating the decision.

Income Tax News

Here’s why switching to a senior citizen savings account makes more sense

If you happen to be over 55 years and are still using your old regular savings account, you may be missing out on special features and benefits that can only be availed with senior citizen savings ban

senior citizen, senior citizen savings, senior citizen savings account, regular savings account, personal finance News

Currency devaluation: Know how the falling rupee impacts your finances

The rupee has depreciated over 15% against the US dollar since January this year because of rising crude prices, slowing flow of funds from foreign institutional investors and increase in the US Dolla

rupee, finances, US dollar, US Dollar index, home currency, foreign education News

Mutual Funds: LTCG tax on equity MFs to be paid only if holdings are redeemed & gains above Rs 1 lakh a year

LTCG tax on equity MFs to be paid only if holdings are redeemed & gains above Rs 1lakh a year.

Mutual Fund, equity MFs, LTCG tax, long-term capital gains, Equity Linked Savings Schemes, money news

Bad news for families using HUFs to save tax, this effective tool may be gone soon

Under the Indian Income Tax Act, 1961 also, HUF has been identified distinctly from the family members as a ‘person’ and its income is taxed as a separate legal entity.

HUF, tax planning, tax planning tool, Hindu Undivided Family, Indian law News

Wait! Don’t sell your debt mutual fund investments. You might get better returns next year

For some time now, returns from bond funds have been muted, particularly long duration funds. On top of it, due to incidents of the recent past, there are concerns on the credit risk aspect of debt fu

fund investment, debt fund, debt fund investment, mutual fund, mutual fund investment, personal finance News

Income Tax: Get interest on gratuity if payment delayed by more than 30 days

As per Section 56(2)(x) of Income Tax Act, if the purchase price of a property is less than the stamp duty value and the difference is more than 5% of the purchase price or Rs 50,000 (whichever is hig

Money News

Aadhaar linkage mandatory for PAN & filing ITR, not for bank accounts

Aadhaar was introduced by the government with the primary objective of providing unique identity to its residents so as to discourage the emergence of any duplicate or bogus identity.

Aadhar Card News

Beware of these risks! 5 pitfalls to avoid while using mobile banking services

The use of mobile phones is at an all-time high and mobile banking is one of the fastest growing segments in banking.

Banking & Finance News

Why you need to look at large-cap stocks

Practically, it is very difficult to identify and one needs patience, too, to hold such a stock.

Money News
Advertisement
Income Tax Calculator, Budget 2019, How to Calculate Income Tax
Advertisement
Advertisement
Switch to Hindi Edition