Taxpayers can claim a deduction on tuition fees for a maximum of two children.
rediffGURU Kirtan A Shah answers your personal finance queries.
MFs continue to find it difficult to attract and retain long-term money from investors
Evaluate recurring investment products and do the numbers before making any investments.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
rediffGURU Sunil Lala answers your personal finance-related queries.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
Experts expect the trend to continue in the near term.
Three key instruments that can help you meet your financial goals, while also allowing you to enjoy tax deductions are ELSS, term cover and health cover.
If one compares returns, the two public-sector ETFs have done better over the past year, but the ELSS category has done better over the trailing three and five years.
The government has also allowed individuals from the private sector to apply for the post
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
When looking at fund returns, avoid looking at just the past 12 months' performance, says Sanjay Kumar Singh
Dwaipayan Bose on how index funds play a key role in the diversification of portfolios and help manage risks
Salil Dhawan explains why you must invest early in life.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'If you are investing in a Ulip for returns, go for a type I Ulip.' 'If you are investing for insurance cover as well, type II is better.'
Invest early. Plan your taxes.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'Strong regulations are crucial for the orderly development of the market.'
rediffGURU Nikunj Saraf suggests considering small-cap, mid-cap, and multi-cap mutual funds.
It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market.
Five parameters that will help you make a winning decision
For long-term financial security, millennials must not only provide social security for their young families but also ensure that their financial burdens are not passed down to their families, says Casparus Kromhout.
High rates of such schemes deter banks from dropping borrowing rates - and thus lending rates
'It is requested that listed equity shares or units of equity-oriented fund schemes be exempted from capital gains tax (LTCG) if equity shares or mutual funds units are held for at least three years.'
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Insurance firms have designed amazing retirment plans to lure more customers.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Start 2017 with these five simple financial resolutions and you will put your family on solid ground financially, says D P Singh, executive director and chief marketing officer, SBI Mutual Fund.
Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people under the ambit of insurance. The insurers also want reduction in the goods and services tax (GST) rate of 18 per cent currently applied on health insurance products to 5 per cent to make such products more affordable to common people. Finance Minister Nirmala Sitharaman will present the Union Budget for 2022-23 on February 1.
Do you have financial planning queries? Ask rediffGURU Anil Rego.
Getting locked into instruments before the new regime kicks in would be a good strategy.
As long as the money has been 'paid or deposited in the previous year', an assessee should be eligible for tax relief, says Harsh Roongta.
rediffGURU Sunil Lala answers your MF-related queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Salaried employees get several benefits under Sections 80C, 80D, 80G and others.
These simple changes can add a significant thrust to your overall money management over time.
The longer a bear market lasts, the more the eventual returns are, says Devangshu Datta.