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.'
Get a new QR code from an alternative provider. PhonePe, Google Pay, Pine Labs, etc are some of the other service providers.
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.
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.
If you are overweight on fixed-income instruments, go for ELSS, and vice versa.
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.
Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.
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.
Longer-tenure FDs generally give higher returns. Nonetheless, going for a tenure higher than two to three years is not advisable.
'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.'