Come April 1, we hope you have a happy new financial year! Be sure to download our calendar and keep track of your portfolio, your tax filing dates, your life and health insurance policies, and Valentine's Day, among other things. The Money Calendar 2024-25 helps you stay abreast of the most important dates in the upcoming financial year.
Year-end tax planning tips: Tax-loss harvesting lets you offset your capital gains tax liability by selling off shares or mutual funds at a loss. Typically, such securities are purchased again to maintain the same asset allocation or portfolio. If you have not used this strategy, do it before March 31 .
Last-minute tax-saving: Despite the increase in awareness around the importance of incorporating tax planning into the overall financial planning strategy and starting early, many tend to put off the process until the last minute.
From curbs on Paytm Payments Bank accounts to planning of investments to save taxes to paying advance taxes, a lot is happening this month. Here’s what to watch for.
If you leave very little time before the tax deadline, investment decisions often prove to be less than optimal. Here’s how to avoid that
From evaluating the impact of interim Budget 2024 to start planning of investments to save taxes to subscribing to a new tranche of Sovereign Gold Bond which opens in February and diversifying the overall portfolio, a lot is happening in February. Here’s what to watch for.
Section 80C brings down your taxable income by allowing you to invest in a basket of instruments. Tax-saving bank fixed deposits is a popular instrument for those in the lower tax brackets and also who are closer to their retirement, for capital protection. It's important also to look at your financial goals.
The road to hell is paved with good intentions. The shadow falls between the idea and the execution. Etc. Hence, we’ve kept it really simple — just take care of one thing once a month. Deal?
From next month, insurance companies will have to provide their health insurance policyholders with an updated customer information sheet (CIS). It is also the month when salaried people would need to file proof of their tax-saving investments.