You must remain invested in bank deposits, unless you are considering the idea of earning higher returns by moving to gilt or liquid funds, says Adhil Shetty, CEO, BankBazaar.com.
Balanced funds are generally equity-oriented with at least 65 per cent exposure to equities and the rest of the corpus invested in fixed income securities
Expectations are that the government will use the Union Budget to create an environment, which is conducive for growth.
Encouraging domestic financial savings through focused measures would help mobilise long term resources for funding infrastructure and economic development.
We are aggressively building our diamond business. In this respect, from the budget we are looking forward to the Presumptive tax which will help the Indian diamond industry to compete with Antwerp and Tel Aviv as a premier diamond trading hub.
TDS on health insurance claim payments reimbursed to hospitals should be NIL
Any number tilting towards 5.5 to 6 could lead to a great disappointment for foreign institutional investors fuelling the current market rally.
While the bigger burden of increase in revenue collection would fall upon the indirect taxes, on the direct taxes there could be rationalization & simplification.
More students from across India are opting to participate in higher education abroad. But are they paying a high price just for permanent residency?
Harsh Roongta, CEO, Apnapaisa, feels that the interest rate subsidy on education loans will benefit only a handful of students.
Everyone makes mistakes when starting a new business. What is needed to succeed is the will to recognise your mistakes and to fix them quickly.
Atul Khekade, CEO, Airnetz, tells young entrepreneurs on how to survive the current economic recession.
Mukul Gupta, CEO, Birla Sun Life AMC talks about the benefits investors can draw by investing through mutual funds.