Since MAAFs invest across multiple asset classes, they offer diversification.
A new schedule has been added to report income from cryptocurrencies and other Virtual Digital Assets.
Enhancing your credit score is the key to improving loan eligibility and securing a favourable interest rate.
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.
Investors can sell a part of the stocks, mutual funds, exchange-traded funds, and other securities held in their portfolios at a loss and use this loss to offset tax on the capital gains made on the sale of other securities.
Once a quality stock has been bought, the next challenge is to hold on to it -- no mean feat in this age of information overload and incessant noise.
A taxpayer paying rent to his/her spouse is entitled to claim HRA benefit under relevant sections and within prescribed limits.
Opinions vary, but fund managers remain bullish.
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
It is a good option for parents of girl children who want a debt product and do not mind its low liquidity.
'If taxpayers have not filed a belated ITR, they will be allowed to file an updated ITR from April 1, 2024.'
'If rate cuts happen, bond yields will come down and investors will make mark-to-market capital gains on them.'
Children born under the Special Marriage Act have equal rights over both parents' properties, regardless of their parents' religion or background.
One common mistake investors commit during profit booking is not having a plan for the redeployment of the money that comes into their account.
The self-employed should invest in the National Pension System, a government-backed, low-cost retirement avenue where they can choose the mix of debt and equity that is right for them.
'Exit the car and call for your vehicle to be towed.'
'TMFs trump FMPs and FDs when it comes to investing in a high-duration product.'
'Planning for the transfer of assets to the next generation is an important aspect of financial and estate planning.'
Begin the year-end review by assessing whether your portfolios are on track to achieve your life goals.
Patience can be rewarding. 'Post-listing, sanity often returns to valuations of newly-listed businesses within six to nine months. Buy then.'