Getting laid off is devastating. But do not panic. You need to chalk out a plan on how to pay your bills and EMIs and manage your finances until you get a new job.
Prashant Jain, one of the world's longest serving fund managers, has hung up his boots after 31 years in the fund management business. Sumaira Abidi recounts the decisions that gave him legendary status within the industry.
This move is in furtherance of the IFSCA mandate to develop and regulate financial products, financial services, and financial institutions in the International Financial Services Centres (IFSC), the authority said in a circular issued on July 1.
Tune in to season 5 of Simply Save to find out the secrets of fund managers.
To provide tax certainty, investment funds can seek prior approval from the income- tax administration to ascertain their eligibility status to access the Safe Harbour rule.
If you are evaluating ULIPs, you need to know a few things before you make your decision. It is not just charges alone – ULIPs are pretty transparent on that front anyway.