Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
The average age of person/s having own residential homes has come down from 42 in 2000-01 to 31 years in 2006-07? Do you know how this has become possible. Tax sops on home loans is the biggest catalyst to begin with.
When the market is down, you can buy more units, which offers you the rupee cost averaging. But the question here is, with so many options available in the market, which one should you choose? Keep reading to get the answer.
In an online chat with Get Ahead readers on February 6, Anil Rego, CEO, RightHorizons, answered their queries on saving tax.
A tax plan is not just to save taxes, but should also assist in achieving other financial goals such as buying a home, a car, children's education, retirement, etc
The I-T Act ensures that you cannot divert income within the family.
Get Ahead tax expert Mahesh Padmanabhan tells readers about the best options to save taxes in a chat on August 21.
According to experts, even if an additional 5 per cent of people opt to buy new vehicles, it may bring a huge boost to the sector.
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
The choice of tax regime dictates how your income will be taxed. If you don't make the right pick, you might end up losing money.
Banks offer a wide range of group insurance plans -- personal accident, health, hospital cash, home insurance, credit protection, and critical illness.
Under Section 80D, you can avail of deduction on payment made towards preventive health check-ups.
Your decision to invest in capital gains bonds or otherwise should be determined by your risk appetite and investment objective among others.
NPS is a cost-effective instrument with low fund management and other fees. Unlike in mutual funds, investors get the benefit of tax-free rebalancing here.
As the calendar year comes to an end, employees are asked to file investment declarations to their companies.
Trump is confident the US will eventually emerge the winner from whatever turmoil his policies cause, notes T T Ram Mohan.
In case you are not aware, the guidelines governing such investments are a lot different this year. And lethargy on your part to rework your investment plan could cost you dear.
Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.
Tax-saving funds are a key part of any portfolio that is designed for the Rs 100,000 investible limit as defined under Section 80C.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
An excerpt from 'Money Smart: The Indian Woman's Guide To Managing Wealth' by Reenita Malhotra Hora and Divya Vij that reveals various options to help you save tax as well as invest for creating long-term wealth.
Several changes were made to the new income-tax regime in Budget 2023. The old income-tax regime was not tinkered with and is still available.
We do not realise is that many a times we are investing to "only" save tax, when a lot more can be accomplished with the same amount of money. Here we discuss how this is possible.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Sometimes, it is better to pay them instead of making unwanted investments.
Do you know of some good equity linked saving schemes that will not only help you save taxes but give decent returns. Get Ahead tax expert Mahesh Padmanabhan tells you about these and how to plan to save your taxes.
In an hour-long chat on rediff.com on Thursday, direct tax expert Vikas M Gandhi offered some valuable tax-saving tips.
In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
'PPF carries minimal risk.' 'Its fixed-income nature allows investors to diversify their portfolios.'
Can money used for buying mediclaim be used to claim deduction under Section 80D. If yes, then what is the maximum amount you can claim for this deduction?
With the financial year coming to an end, one needs to start proper planning for the new one.
Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP) are very crucial. Here, we will help you understand how these tools can pave the way for a stress-free retirement.
They don't just want better returns -- they're looking for global opportunities, more variety and smarter ways to grow their money, says Soubho Moulik, CEO, Appreciate.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
'Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split can be 30:70 to 50:50, depending on one's situation.'
How does the Union Budget 2024-25 impact taxpayers, investors and traders?
rediffGURU Samkit Maniar answers readers' personal income tax queries.
So, the next time someone tempts you with a slightly higher FD rate from a lesser-known bank, point them to hybrid funds that can deliver extra returns without the administrative and emotional rollercoaster.
US President Donald Trump's plan to sign an executive order to cut prescription drug prices by 30-80 per cent could lead to a global price adjustment with pharma firms pushing lower-cost countries like India to raise prices, according to the economic think tank GTRI. The US move could push prices in lower-cost countries like India as manufacturers would seek to recover losses and R&D costs from these nations.