Direct tax expert Vikas Gandhi offers some valuable tips on investments.
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.
For claiming exemption from HRA, you need to provide rent receipt or rent agreement to your employer, based on which your employer will calcuate the exemption and deduct TDS accordingly from your salary, says tax expert Vikas Gandhi.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Arun Jaitley presented the Union Budget in Parliament on Saturday.
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?
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.
In an hour-long chat on rediff.com on Thursday, financial planning expert Sailesh Multani offered some valuable tips.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Loan taken for higher education from any other organisation or person will not qualify for claiming deduciton u/s 80E, says tax expert Vikas Gandhi.
The rates of interest on various small savings schemes for the third quarter of financial year 2018-19, starting October 1 and ending on December 31, 2018, has been revised, the finance ministry said while notifying the rates.
If you are investing your money only in public provident funds then should you start putting your money in mutual funds' systematic investment plans?
A union representing British sportsmen and women has launched legal action in Switzerland to try to ensure more sympathetic treatment for athletes caught using recreational drugs.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your personal income tax queries.
'FDs should hold your emergency funds, equivalent to around 6-12 times your monthly expenses.'
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
7 must knows of a PPF, to make them more profitable for you.
PPF fits all portfolios, except those earning basic pay of over Rs 8.3 lakh yearly.
You can still save money, says Samkit Maniar
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Harshal Chandorkar of CIBIL answered queries on credit report and in an online chat with Get Ahead readers on october 28.
Taxpayers can claim a deduction on tuition fees for a maximum of two children.
Even if interest rates go down, they may continue to offer better returns than fixed deposits.
Steps like depositing the entire PPF amount before April 5 or preparing a household budget will ensure this financial year goes well.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
There are reasons to limit your exposure, even with the rise in rates of small savings schemes.
From taxation of EPF contributions to new wage code, life won't be the same in FY22.
In India, younger workers willing to work at lower salaries are easily available, so you could find yourself out of a job before 60. Therefore, save for retirement with urgency, advises Sanjay Kumar Singh.
Tax-saving investments should not be made with the sole purpose of saving tax, but should also help an individual grow his wealth, suggests Archit Gupta, founder and CEO, ClearTax.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
In a move that will hit the common man, the government on Friday slashed interest rates payable on small savings including PPF and Kisan Vikas Patra (KVP) in a bid to align them closer to market rates.
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.
Being market-linked, the public provident fund corpus can no longer be predicted over the long term.