Nikunj Saraf, Vice President Choice Wealth, answers your queries.
As per the EPFO income projections, retaining 8.8 per cent rate of interest for the current fiscal would have left a deficit of Rs 383 crore. Hence, it was lowered to 8.65 per cent
Taxpayers can claim a deduction on tuition fees for a maximum of two children.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'FDs should hold your emergency funds, equivalent to around 6-12 times your monthly expenses.'
'Decide on an asset allocation you are comfortable with and stick to it for the long term.'
Want your investments to make money as well as save tax for you? Anil Rego has some advice
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.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The government on Tuesday said PPF will not be taxed on withdrawal and only the interest accrued on contributions to employee provident fund made after April 1 will be taxed.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Sandeep Shanbhag offers tips on post Budget taxation rates.
EEE continues for PF, life insurance and NPS; capital gains from stocks, equity funds may become a part of ordinary income.
Rationalisation in the rates offered by small savings schemes is a must.
A N Shanbhag examines various proposals of Budget 2003 which are of interest to individual assessees.
Here's what you must know about filing your tax returns.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.
It is that time of the financial year, when tax payers start getting active about investing in Section 80C instruments.
This is 1 per cent higher than the interim rate of 8.5 per cent announced for 2004-05.
The curious thing is that savings instruments have not really kept pace with changing needs, although people have access to a wider variety than before.
The bill to amend payment of gratuity Act in order to double the ceiling of tax-free gratuity to Rs 20 lakh, would soon be placed before the Union Cabinet for approval.
Check out what happened in the world of business this past week.
Correcting markets makes this a great time to buy an ELSS. Here are 7 schemes across the risk spectrum.
Financial planning expert Vetapalem Sridhar gives tips on how to invest in good mutual funds for the long term and how to plan for an early retirement to Get Ahead readers.
To select the right fund, investors need to first evaluate their risk profile and also assess the funds on parameters like the investment style, performance and risk, among others.
That's what ELSS investments have to offer, coupled with other benefits.
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 not put all your funds into a single scheme; have a mix of fund houses as well as schemes.
Evaluate recurring investment products and do the numbers before making any investments.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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.
