It is suggested that you get your SIM locked with which the wallet account is mapped.
'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.
Tax planning should not be left for March. If you do so, you could face a severe cash crunch in that month, warns Sanjay Kumar Singh.
Equity investments are fruitful over the very long 20-year term.
Only commitment and planning can help you reap the benefits of long-term investments, says Abhishek Agarwal
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
EEE continues for PF, life insurance and NPS; capital gains from stocks, equity funds may become a part of ordinary income.
There is no ignoring the respectable returns given by National Savings Certificate, which are not only assured, but also tax-exempt under Section 80C and government-guaranteed.
In an online chat with Rediff.com readers, G Srikanth, partner, GSV Associates, chartered accountants, Chennai and member of the Institute of Cost and Management Accountants, answered queries about the new income tax proposals mooted in the Union Budget 2020-2021.
Here's what you must know about filing your tax returns.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
For longer tenure products, they offer higher returns compared to other instruments. But for shorter tenures, things are getting tighter for investors.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
Tax incentives are given to encourage savings / investments. Savings form part of your overall financial plan which in effect means tax planning is a subset of financial planning. Your financial plan will set objectives for you based on your aspirations, your life style, your age group, size of family, et cetera.
The world's largest steel maker, ArcelorMittal, on Thursday said it would acquire additional 13.8 per cent stake in its Czech arm ArcelorMittal Ostrava for $404.3 million (around Rs 1,900 crore).
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Financial planning expert Vetapalem Sridhar on where to invest your money in 2009.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
With mutual funds becoming an increasingly popular investment avenue, it would pay to be tax-smart.
Get Ahead financial planning expert Vetapalem Sridhar advises you on how to look at unit linked insurance plans as an investment.
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.
It is that time of the financial year, when tax payers start getting active about investing in Section 80C instruments.
For the wealthy, post-tax returns of debt funds would work out better
The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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.
Get Ahead tax expert Mahesh Padmanabhan tells readers about the best options to save taxes in a chat on August 21.
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.
This is 1 per cent higher than the interim rate of 8.5 per cent announced for 2004-05.
However, you need to prove that the money was inherited.
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
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.
You need to be aware of the various aspects of an education loan when doing this. However, in your anxiety, make sure that you don't ignore the not-so-pleasant aspects.
Evaluate recurring investment products and do the numbers before making any investments.
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