All India Institute of Medical Sciences (AIIMS) was hit by a ransomware attack that affected outpatient and inpatient digital hospital services, including smart lab, billing, report generation, appointment scheduling, etc.
The much-awaited Updated ITR or ITR-U is now available on www.incometaxindia.gov.in. The e-filing of updated ITR has been enabled for AY 2020-21 & AY 2021-22. In this video we explain what is an Updated ITR; How, when & who can file ITR-U and what are the different parts of this form.
TDS on cryptocurrency will be effective from today. The new tax rules of crypto created much confusion. Moneycontrol simplifies crypto taxation with these FAQs
TDS need to be withheld from July 1 on crypto transactions above Rs 10,000 annually and the same need to be deposited with the I-T department within the stipulated time frame.
Funds investing across capitalisation following Sebi’s regulations have performed better than those funds without such restrictions
As interest rates are on an upward trend and there are no signs of any rate cut soon, both first-time home buyers and other home loan borrowers should look forward to availing fixed-rate loans, instead of floating-rate loans
Fractional ownership might just become an option to buy gold jewellery. Nishit Nanda, executive director at Khimji Jewels, says jewellers may soon start co-ownership schemes to make gold jewellery more affordable
Rupeek, a fintech lender, has launched a gold-powered card offering. Customers can just pledge their gold and use the card like any other
EPFO has lowered the rate to 8.1 percent. This is the lowest interest rate on EPF in 43 years. Despite this EPF remains an attractive investment option. Sumaira Abidi and Karunya Rao discuss the impact on you and your investments like Voluntary Provident Fund.
The deadline for tax-saving investments for FY22 ends on March 31, which is just a couple of weeks away. Karunya Rao gets you some tips to keep in mind for last-minute investment planning to save tax.
It’s best to buy insurance at an early age but most of our parents are either without an insurance cover or very inadequate cover. A standalone health insurance policy is often the best choice, but expensive to buy after 60. Here are some other options.
The Russia-Ukraine crisis may slow down Fed’s pace of rising interest rates. This is positive for gold, which, says Chirag Mehta of Quantum, investors must hold on to, at all times, because the risks in global economies persist.
Investments in tax-saving instruments and insurance get you tax deduction benefits. But don’t just invest to save tax. Your tax–saving investments must fit your financial plan.
Retiring early to pursue your dreams is good, but your expenses don’t stop. Planning for them in advance is crucial. An early retirement from the rigmaroles of a daily working life is a dream for many. But not many can achieve it. Mrin Agarwal, financial educator, talks to Moneycontrol’s Kayezad E Adajania, and gives handy tips to put in place a plan that takes you to your goal. Early retirement can be fun, but it needs to be well-funded.
For investors in debt mutual funds, yield levels on bonds in the secondary market had moved up after the Union budget on very high government borrowing projected for 2022-23.
Interest rates on savings accounts are much higher than those of public or large private banks
The Budget has focused more on capex rather than on consumption. But higher-than-estimated government borrowing could pose a challenge in bond markets.
Budget 2022 has kept income tax rates steady. Additionally, it introduced taxes on the transfer of cryptocurrency assets. Homi Mistry, Partner Deloitte, and Swarup Mohanty, CEO, Mirae Asset Investment Managers (India) dissect the personal finance aspect of Budget.
Even individuals can invest in these bonds through RBI's Retail Direct portal
This is expected to benefit taxpayers in higher income slabs as well to investors in equity shares of start-ups.
As we stand on the threshold of a New Year, it is time to look ahead and see which trends in 2022 may have a significant impact on your personal finances. Here are three that you may want to watch out for
Large-cap stocks offer safety, but many can be multi-baggers if you pick them carefully.
You should consider NCDs with high credit rating, healthy yield-to-maturity and ample liquidity in the exchanges
Experts suggested that employees should carefully read the offer letter while joining a company, as they would be required to complete the notice period as mentioned in it to avoid paying GST on the final salary.
The indices they follow are constructed based on a variety of fundamental, technical or other filters