Know here what is Quant Tax Plan and why it is topping the charts
The RBI has now made tokenisation feature formally available to all card networks. This feature is only available for purchases if you buy through your mobile phone or tablet.
NPS is a great long-term product that offers lots of flexibility to invest in multiple assets, with low charges.
Though term plan with return of premium policies promise to give you back premiums at the end of the policy tenure, there’s a cost: high premiums when compared to term plans.
A taxpayer can claim deduction of the amount paid towards repayment of the home loan from his income. Such loan must have been borrowed from specified entities like the government, bank, LIC, entities engaged in housing finance or specified employers.
Just as we apply rupee cost averaging to reduce the risks of investing at the wrong time in equity markets, make sure that you convert your USD to INR in tranches.
First-time investors are having a rough ride in mutual fund SIPs, many are yet to see profits
Payments made towards health insurance premiums are also eligible for tax deductions under section 80D of the Indian Income Tax Act
It is not mandatory to save tax ‘only via’ insurance. Combination of other investment products (PPF, ELSS, etc.) will produce better results for you and your portfolio.
Do timely submit the proof of any tax saving investment you have made or deduction you are eligible to, so that excess deduction of taxes doesn’t take place.
While return from an investment is an important consideration for making an investment, tax benefits form equally important criteria for the taxpayer to select a sound investment
Understand the conditions attached to make the most of it.
If one has over-committed to certain themes / sectors, then it needs to be brought to a more normalized level. On the other hand, if there was under-commitment to themes that look promising now, then this is the time to increase the stakes.
Equity folios halved too from 10.6 lakh folios in October to 4.91 lakh folios in December. Equity funds include pure equity, ELSS and balanced funds.
The opportunity is in the form of buying sovereign gold bond (SGB) from the secondary market.
It is important to keep in mind that as per the law, you are either married or divorced. There is nothing in between
In this Moneycontrol podcast, we dig deeper into how you can get into algorithmic trading, what qualifications you need to have, and what bear traps you need to be aware of.
Compare wedding loan offers from multiple banks and NBFCs then choose the offer that most suits you. There can be significant savings in interest, processing fees and other charges by comparing and choosing the loan scheme carefully
Banks offer loans on fixed interest rate and floating interest rates. So, often borrowers are in dilemma which interest rate to select while applying for a loan.
How an investor’s equity shares got bequeathed after death to their heir so far depended on whether he/she left behind physical or dematerialised shares
Though it is not mandatory to video record the Will, there are a few situations in which the video recording is recommended by the estate planners.
In the absence of a Will or Nomination even day-to-day functioning gets affected, as the heirs don’t have access to the funds.
Under the Indian laws, the registration of the Will is not at all compulsory. It is an option on part of the Testator to register the Will.
From the global perspective, key events that could impact markets in 2019 are the US–China trade war, the slowdown of China’s economic growth, volatility in EM currencies and uncertainty around Brexit., says Ankur Maheshwari, CEO Equirus Wealth Management
Return expectations need to be moderated. Over long term, our returns tend to gravitate towards the growth rate of the economy or the set of companies we are investing in.