Feb 24, 2015 at 09:29 | Source: Moneycontrol.com
Union budget should allow retirement funds of AMCs to be covered under section 80C of the Income Tax act. There is a need to introduce a better scheme to attract first time investors. And more important is extant limit of Rs 1.5 lakh under section 80C should be increased.
Feb 23, 2015 at 18:29 | Source: PTI
Finance Minister Arun Jaitley is likely to announce policy initiatives on some of the key recommendations made by the Special Investigation Team (SIT) on black money to combat the menace of illicit funds, stashed within the country and overseas, when he presents the Budget on February 28.
Feb 21, 2015 at 11:14 | Source: Moneycontrol.com
Equity Mutual Funds declined as the market lost ground on Friday, for the first time in last eight sessions, especially ahead of Union Budget week.
Feb 20, 2015 at 15:30 | Source: Moneycontrol.com
Investments in mutual fund linked retirement plans should be considered for income tax deduction under section 80CCD of the Income Tax Act. RGESS may be enhanced and investment limit under section 80C should be increased.
Feb 19, 2015 at 13:30 | Source: Moneycontrol.com
First Custodian Fund (India) has reported a standalone total income from operations of Rs 0.01 crore and a net loss of Rs 0.06 crore for the quarter ended Dec '14
Feb 17, 2015 at 11:00 | Source: SME Mentor
The levy is likely to have a bearing on foreign portfolio fundings in the Indian stock market.
Feb 16, 2015 at 11:48 | Source: Moneycontrol.com
While asset allocation helps you to expose yourself to multiple asset classes with a view to reduce risk. Choosing the right products in those asset classes chosen will help you earn healthy post tax risk adjusted returns.
Feb 13, 2015 at 10:45 | Source: CNBC-TV18
Financial services major, Reliance Capital reported 28 percent rise in its third quarter net profit at Rs 213 crore on robust growth in insurance and mutual fund businesses. The total income for the quarter ended December 2014 rose 11 percent to Rs 2,105 crore.
Feb 12, 2015 at 18:30 | Source: Moneycontrol.com
Pramerica Mutual Fund launches Pramerica Diversified Equity Fund, an open ended equity scheme with the objective to generate income & capital appreciation by predominantly investing in an actively managed diversified portfolio of equity & equity related instruments including derivatives.
Feb 12, 2015 at 18:27 | Source: Moneycontrol.com
BNP Paribas Monthly Income Plan announces change in exit load structure, with effect from February 13, 2015.