An interim report on the action has also been sent by the field investigation wing of the income tax department to the Central Board of Direct Taxes in Delhi, the administrative body for the department.
Before opting for this scheme, consider how EPS is calculated.
'Investing in a factor-based fund can be beneficial provided you have chosen the right factor.'
These funds can fetch double-digit returns over the long term which debt tax-saving products can't.
Mahavir Chopra compares mutual funds and Ulips to help investors decide.
While most borrowers calculate the gain they stand to make from switching to a lower interest rate, they often fail to take into account all the costs.
The accused have been identified as Rajpreet Singh, Virender Singh, Sachin Bhati, Arpit Dhankar and Susheel Pradhan, the police said.
A tax plan is not just to save taxes, but should also assist in achieving other financial goals such as buying a home, a car, children's education, retirement, etc
Contrarian stocks can help investors generate much higher returns than buying shares of companies that have shown consistent high growth for years.
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
'Negotiate a longer agreement with the escalation clause fixed now.' 'This will enable you to control future cost increases.'
Investors who decide to enter medium to long-duration funds should be cognisant of the risk.
A robo advisor may seem like the perfect solution for those with only a small investment capital who are just starting their investment journey, says Mrin Agarwal, founder, Finsafe India.
An additional chief judicial magistrate sent the accused to nine days of police remand on Monday.
'Investors don't have to worry about underperformance in passive funds, which earn market-equivalent returns.'
Organisations value employees who go beyond their boundaries and step up to the occasion when the need arises.
Avoid discontinuing your SIPs. Persist for at least 7-10 years.
Find out how prepared you are to start a new company.
Instead of enhancing the sum insured of your basic policy, a more cost-effective option is buying a super top-up policy.
With these tips to build a solid investment portfolio you can plan and achieve your financial goals.
(Because things will only get more expensive from this point onwards)
While equity savings funds could offer higher returns over three-five years, they would also be more volatile.
Bengaluru based Dinesh Malhotra, 54, an ex-Army officer who is working as a human resource professional in a construction firm shares some survival tips.
A person who has cancer and doesn't have any health insurance will find it difficult to buy a regular hospitalisation cover. An indemnity-based cancer plan may cover them.
Borrowers should be careful if the app promises too-quick disbursal, and doesn't provide adequate information on the terms of the loan, such as interest rate, repayment schedule, etc.
If you don't have a specific goal, but want intermittent liquidity, then ladder your FDs, that is, invest in FDs of varying maturities, such as one, two, three, five or even 10 years. Laddering ensures FDs mature at regular intervals.
Film and television actor Arif Zakaria shares his tips on money and relationship mantras.
'Continue with your SIPs to get the benefit of lower average prices in this challenging market environment.'
The Pizza Delivery guy who didn't know he was headed to the Oscars!
Since infrastructure projects have long gestation periods, investors need to enter them with a long horizon of at least 10 years.
Discuss your interests, passion, hobbies etc to help you find things in common with each other.
Rediff reader Purnendu Shorey, 48, a former captain in merchant navy based out of Mumbai shares some of his learnings.
Remember, pension from EPS will be taxable at slab rate, reducing the post-tax income for people who remain in the higher tax brackets after retirement.
Writes to Trai, Mumbai Police to catch unauthorised SMS senders
The last two I-T teams left the premises, one each in Odisha and Jharkhand, carrying with them a number of seized "incriminating documents" and data cloned from electronic gadgets in the early morning hours.
End users should take the plunge despite higher home loan rates as these tend to be cyclical.
With banks taking the cue from RBI to hike rates, home buyers will have to take serious measures to keep their finances under control.
Going through the credit report regularly will make you aware of a number of issues. One is identity theft.
To land a job in a competitive field, graduates must go beyond the obvious and prepare extensively, adbises Vijay Gupta, director-global human resources, Rahi Sytems, a global IT services and solutions company.
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