In the Budget, the government has banned cash transactions above Rs 300,000. This means that people will have to pay stamp duty and registration charges on the actual cost of transaction.
Balanced funds are suitable for investors who have low-risk appetite or are new to equities.Those with more than seven-year investment horizon should look at funds that have higher equity exposure.
With big data analyses, your investments, spends and big purchases are being tracked more closely now by the income tax department.
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
An investor would pay much less when he invests through a registered investment advisor than a distributor.
Taxation has played spoilsport despite double digit returns.
The government has made employers responsible for verifying whether the claims filed are according to the law. Earlier, companies went only by self-declaration of employees.
Electronic transactions are rising fast, so are cases of payment failure and delayed settlement. One needs to be proactive.
Over a five-year period, the benefit of a sharp drop in interest rates would mean saving Rs 76,880 -- a significant number. But if the rate cuts are slimmer, say 25 bps or the number of years left is barely one or two years, shifting may not make too much sense.
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
A combination of ELSS or PPF with a term plan offers better coverage and returns
If you are making any drastic changes, make sure there is adequate documentation
Even if the government didn't plan for demonetisation properly, it could have taken steps on a war footing later to ensure the situation improves.
That's the government's goal for the Unified Payment Interface by March. Are they close? A P Hota, the man at the helm, answers.
The NITI Aayog may want us to believe this is one of the easiest payment systems in the world, but Tinesh Bhasin decodes the many unanswered queries and concerns involving the United Payments Interface.
The government can seek details from sellers such as sources of funds while buying.
A new approach called life planning can help you prioritise the use of your time and money.
CAs not sure if individuals declaring unaccounted money will get immunity from reassessment as these provisions are not covered in the Bill.
NRIs could run into difficulties if they possess discontinued currency notes amounting to a high value.
E-wedding planners allow you to book everything online, including venues, make-up artists, bands, florists.
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