Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.
Customers who possess gold jewellery but are either being denied a personal loan or are being asked for a high interest rate due to their poor credit profile may consider a gold loan.
LTA can be claimed only for domestic travel and is available for two journeys within a block of four years.
In numerous instances, family members are unaware of an insurance policy's existence, let alone its details.
An individual can avail tax deduction on the amount spent during the year on a deferred annuity for self, spouse, or child.
Taxpayers with old, outstanding taxes will benefit from the CBDT's new scheme.
'If equities perform well in a year, withdraw money from equities. If the equity market is down, shift withdrawal to the debt portion.'
Everyone (with some exceptions) whose estimated tax liability is Rs 10,000 or more in a financial year must pay advance tax.
Understanding tax residency rules and maintaining proper documentation is imperative to ensure smooth tax compliance.
Municipal corporations penalise late property tax payments. 'Penalties can include attachment of properties, bank accounts, rent and other movable assets," says Anand Moorthy, co-founder, Square Yards.
Borrowing from a fraudulent loan app subjects the borrower to a variety of risks.
While near-term performance is difficult to predict after a huge run-up, fund managers believe the PSU theme's prospects remain sound over the medium to long term.
If investing in Bitcoin, adopt a three to five-year horizon and invest systematically to gain from its volatility.
'The barbell strategy says that the best way to strike a balance between risk and reward is to invest at the extremes of the risk spectrum.'
What many don't realise is that including their spouse and children in their tax planning can enable them to reduce their tax burden legally.
Since MAAFs invest across multiple asset classes, they offer diversification.
While tenants can't escape the impact of rising rentals entirely, they can adopt a few strategies to reduce the impact.
A new schedule has been added to report income from cryptocurrencies and other Virtual Digital Assets.
A prudent guideline for self-employed individuals is to target at least 10 to 15 times their actual annual income when determining life insurance coverage.
If you are overweight on fixed-income instruments, go for ELSS, and vice versa.