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.
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.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, answers your 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.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
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.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
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.
If you are investing your money only in public provident funds then should you start putting your money in mutual funds' systematic investment plans?
From taxation of EPF contributions to new wage code, life won't be the same in FY22.
You can still save money, says Samkit Maniar
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
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.
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.
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.
'Decide on an asset allocation you are comfortable with and stick to it for the long term.'
Taxpayers can claim a deduction on tuition fees for a maximum of two children.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Even if interest rates go down, they may continue to offer better returns than fixed deposits.
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.
Steps like depositing the entire PPF amount before April 5 or preparing a household budget will ensure this financial year goes well.
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.
There are reasons to limit your exposure, even with the rise in rates of small savings schemes.
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.
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.
Since April 2016, interest rates of all small saving schemes have been recalibrated on a quarterly basis.
Being market-linked, the public provident fund corpus can no longer be predicted over the long term.
Fulfill the formalities before extending the term, else it is a dead investment.
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.
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.
Sandeep Shanbhag offers tips on post Budget taxation rates.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
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