Cost is not the only factor that one should look at. It's best to keep investment and insurance apart
If your need is just life cover, the cheapest way to get it is a term insurance plan. Find out which policy to buy. . .
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.
Changes in I-T rules kick in today; to help govt track taxpayers' income, reports Dilasha Seth.
Roopam Asthana, CEO and whole time director, Liberty General Insurance, answers readers health insurance queries.
Ambani now holds 80.52 lakh shares or 0.12 per cent of RIL, up from 75 lakh shares held before the rights issue. His wife Nita and children Isha, Akash, and Anant too got 5.52 lakh shares each after they subscribed to the rights offering. They, too, hold 0.12 per cent each in the firm.
These simple changes can add a significant thrust to your overall money management over time.
Bank shares were the top losers along with index heavyweight RIL
'It really doesn't matter that investors getting allotments sell their IPO stock holdings on listing day because a new set of investors are entering.' 'This explains the continued rise in stock prices even after the first day of listing.'
Here's how you can ensure you have enough in your kitty and be in command of your finances.
The market players were expecting that if long-term gains are taxed, the STT would go. But this has not happened, says Debashis Basu.
The banking, financial services and insurance sector was the most targeted by scamsters, says Indeevar Krishna, head, operations and customer service, Max Life Insurance
Critical illness plans can be bought both as a benefit cover and an indemnity cover, say experts.
'We try to pick up stocks early and hold onto them for the long term.' 'We are not someone who buys and sells on a daily basis.'
The online world is driven by convenience, simplicity and speed.
'It is crucial to understand that the ultimate goal of your investments isn't to pay lesser tax, but to create long-term wealth for you and your family,' says Satyen Kothari, founder and CEO, Cube Wealth.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
The right investment at the right age will help you enjoy a secured post retirement life.
The tax rate rises to 10 per cent, 15, per cent, 20 per cent and 25 per cent for every Rs 2.5 lakh addition. A 30 per cent tax is charged for income over Rs 15 lakh.
Online policies are cheap because there is no agent's fee involved, other administrative costs of the insurance company are lower and, most importantly, these use the latest statistics for calculating premia.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
Health insurance has almost 23 per cent market share in the general insurance space.
Priya Nair tells you how you can use technology to invest better and maximise returns.
A simple primer on how much money taxpayers can save under various sections of the Income Tax Act.
While there's tax arbitrage advantage in ULIPs now, experts say investors should prefer mutual funds for long-term savings.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
All in all, Cairn India shareholders are getting a 9.1 per cent premium based on closing prices of July 22
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Shameen Alauddin finds out more about Touchkin which has raised $1.3 million to develop an artificial intelligence coach for your behavioural and mental health.
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.
The best investment schemes fail if they don't offer incentives to intermediaries to push investors.
The 39-year-old was arrested by the Enforcement Directorate from Ranchi after the agency conducted multi-city raids against him, Singhal, her businessman husband Abhishek Jha and others, on May 6.
The liquidity-fuelled rally will continue for some time, however, fundamentals are getting stretched.
The new executive director of Reliance Capital has big shoes to fill in every way.
Else, repent when you reach your golden years
Kotak Life Insurance has launched e-Lifetime plan which has unique features.
The wise pay their taxes on time and plan for it before time. That does not mean one has to necessarily go through the big fat books on taxes! Knowing a couple of hacks for saving tax can have it sorted for you.
'My father was asking me what an IPO is. He has no clue and he has never been an investor.' 'My mother, who was the one to ring the bell, has been an investor in Policybazaar for the past 6-7 years and I would say she has made good returns.'