The self-employed should invest in the National Pension System, a government-backed, low-cost retirement avenue where they can choose the mix of debt and equity that is right for them.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Arun Jaitley presented the Union Budget in Parliament on Saturday.
NPS is a cost-effective instrument with low fund management and other fees. Unlike in mutual funds, investors get the benefit of tax-free rebalancing here.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
If you are investing your money only in public provident funds then should you start putting your money in mutual funds' systematic investment plans?
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Plan these investments well rather than just doing random investments at the beginning of the year or rushing in at the end, advises Harshad Chetanwala, co-founder, MyWealthGrowth.
Avoid relying on a bank RM for investment advice. Instead, approach a Sebi-registered investment advisor whose livelihood depends on the fee paid by his customers and not on product commissions.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Investors should quiz them to understand the product, which options to invest in, and how to get the final payout
Ahead of the Union Budget 2023, insurers are hoping that the Centre will act on their recommendations, which includes increasing the limit for tax deduction under 80D of the Income Tax Act. Also among them are issuance of long-term bonds, tax incentives for home insurance premiums, and a separate section to claim deduction for term-insurance premium, among others. These suggestions would help improve the penetration of insurance in the country.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Once the new rules kick in, you will have less cash-in-hand and may feel tempted to scale back on savings and investments.
The Pension Fund Regulatory and Development Authority (PFRDA) has sought income tax exemption for the New Pension Scheme at par with other schemes like Public Provident Fund (PPF).
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
You can still save money, says Samkit Maniar
Leading up to the International Women's Day on March 8, this is the first of a four-part series that talks about how women can invest to achieve their long-term financial goals.
Did you know that an individual can, in addition to the tax benefits she/he is entitled to, also leverage the benefits available to family members to reduce this liability?
Nikunj Saraf, Vice President Choice Wealth, answers your queries
There are reasons to limit your exposure, even with the rise in rates of small savings schemes.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Getting locked into instruments before the new regime kicks in would be a good strategy.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A day ahead of Lok Sabha polls announcement, the government today decided to hike interest rates on fixed deposit schemes offered by post offices by up to 0.2 per cent.
Now, the commission will be between zero per cent to 0.5 per cent.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Investments and expenses under section 80 C allows various tax benefits, says Harjot Singh Narula
Tax deductions and prioritising their sequence will help you streamline your investments for efficient tax saving.
Overall, small savings have amassed Rs 1.17 trillion from April-September - 26 per cent more than the previous year. But in those six months, the economy lost 24 per cent in the first three months, and is slated to lose 10 per cent in the second quarter.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
