Check out what happened in the world of business this past week.
That's what ELSS investments have to offer, coupled with other benefits.
The next revision will make the rates similar to those of bank FDs.
The bond, which the Reserve Bank of India started issuing on behalf of the Union government in 2003, was considered one of the safest savings instruments for retail investors.
In a pension product, on the other hand, you make regular contributions during your earning years and then get a regular pay-off after a certain number of years
Salaried employees get several benefits under Sections 80C, 80D, 80G and others.
Here's an investment strategy for investments in tax-saving funds.
Rationalisation in the rates offered by small savings schemes is a must.
Do not put all your funds into a single scheme; have a mix of fund houses as well as schemes.
Post office savings deposit, recurring deposit accounts and the senior citizen savings scheme account have shown the highest growth in the current financial year.
In an online chat with readers a few hours after the Union Budget 2015-16 proposals were announced by Finance Minister Arun Jaitley, Sundeep Agarwal, Director, PwC India, answered related queries to help put the announcements into perspective.
If the interest rate on bank deposits is linked to any external benchmark, it would jeopardise the banks' fund-raising ability. Interest rates on small savings schemes are likely to be reduced very shortly, to maintain parity. All these steps would indeed affect retired people, and particularly those dependent on interest income, says Arindam Gupta.
The Employees' Provident Fund Organisation's apex decision making body, the Central Board of Trustees, had decided to provide 8.65 per cent rate of interest on EPF deposits last December.
SBI has twice hiked interest rates on fixed deposits within a month, but an investor still gets better returns at the post office.
There is no reason for a child with no dependents to have insurance because insurance is put in place to provide for the child in the event of a parent's untimely death and not the other way around, says Amar Pandit.
A N Shanbhag examines various proposals of Budget 2003 which are of interest to individual assessees.
Close on the heels of one per cent cut in interest rate on small savings scheme and PPF in the Union Budget, the Reserve Bank of India announced on Friday a 0.5 per cent reduction in interest rate on savings account to 3.5 per cent effective Saturday
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The Budget has changed the rules for Indian citizens and persons of Indian origin visiting India. Instead of 182 days, the number of days has been reduced to 120. You will be treated as a resident of India for tax purposes if you stay in the country for more than 120 days in a financial year and 365 days in the past four years. One consequence of the change will be that people of Indian origin who reside outside India will be able to spend a smaller number of days in the country if they wish to keep their non-resident status intact, points out Sanjay Kumar Singh.
Wondering if you did the right thing with your mutual fund investments?
All of us have made these mistakes, so let's begin by seeing how many of them we can avoid/minimise...
The current 3-page form is simplified version of an income tax return form after removing mandated disclosure of foreign trips and dormant bank accounts introduced two years back.
FM's proposal came under immediate attack from various employees unions
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances