December 28, 2023 09:34 AM ISTYou must have received a mail this time around from your HR or the financial department regarding the submission of investment proof. But what if you haven't made enough investments? Can you still make the best of the deductions? Watch this video as we explain 5 such ways.
December 28, 2023 08:46 AM IST Given the questions raised over market valuations and their sustainability, the longer one rides the ups and downs of the market, the better the returns over the long term.
December 28, 2023 07:57 AM IST Yearender 2023: From launching the UDGAM portal for unclaimed deposits to instructing banks on timely return of property documents to borrowers, the central bank initiatives made life easy for bank customers. RBI’s stance on interest rates will be keenly watched in 2024, with some market watchers expecting reduction in rates from the second half of next year.
December 28, 2023 07:18 AM IST Within the midcap space, PSU stocks in power finance, capital goods, oil marketing, defence, and also power and realty stocks attracted healthy buying interest
December 27, 2023 07:20 PM IST Now, investors have time until June 30, 2024 to complete their nomination. That is, they must either select a nominee or opt out of nomination for their mutual fund folios and demat accounts by the due date.
December 27, 2023 03:58 PM IST Several taxpayers have received messages from the Income Tax Department alerting them about possible non-disclosure of high-value transactions such as property sales and purchases, foreign investments and remittances overseas, investments of over Rs 10 lakh in mutual funds, and capital gains made on the sale of equity shares.
December 27, 2023 07:58 AM IST Government Securities or G-Sec mutual fund schemes gain the most when interest rates start to fall. And a Moneycontrol Research analysis shows that if held beyond a certain time horizon, your chances of making a loss turn negligible.
December 27, 2023 07:51 AM IST The Indian market offers a plethora of options for NRIs to invest and create wealth. These range from equities to mutual funds, fixed deposits, and debt funds.
December 27, 2023 07:58 PM IST Failure to complete nomination for your mutual fund folios by June 30, 2024 will result in them getting frozen for debits. So, if you haven't already done it, now is the time to get started. Here's how.
December 27, 2023 10:13 AM IST Steady and increasing inflows in mutual funds through systematic investment plans have led to retail investors incrementally allotting more of their corpuses in mutual funds.
December 26, 2023 11:18 AM IST Bajaj Allianz, New India, HDFC Ergo, Iffco-Tokio, and Aditya Birla Health top Moneycontrol-Securenow Health Insurance Ratings’ claim settlement chart.
December 26, 2023 07:59 AM IST In 2024, the draft product regulations issued in December 2023 will be implemented. It remains to be seen whether IRDAI sticks to the higher surrender value proposal or waters it down in response to the life insurance industry’s concerns.
December 26, 2023 10:29 AM IST Gupta also learnt about the wide range of businesses and consumers in tier I, II and III cities of India today, picked up insights on brand-building and social media presence, and had fun.
December 25, 2023 08:18 AM IST Year-ender 2023: From mid and small-cap funds burning the charts, to new mutual fund houses entering the industry, 2023 benefited the disciplined investor.
December 25, 2023 07:49 AM IST From higher sum insured to nil waiting periods to OPD expenses, policyholders are looking beyond just hospitalisation benefits, and insurance companies are coming up with policies catering to their preferences.
December 25, 2023 07:00 AM IST Tax-saving FDs are one of the least risky investment options in the crowded 80C benefit. They have a lock-in period of five years and premature withdrawals are not allowed. The interest in this investment is taxable
December 23, 2023 09:25 PM IST Most changes in the forms are minor, but since the new, minimal exemptions regime is the default one this time, you will have to specifically opt out of it if you wish to avail of tax benefits under section 80C, 80D, 80G, and so on.
December 23, 2023 11:17 AM IST Getting married and starting a family is a life goal for all. But with the excitement comes a lot of responsibilities and decision-making. As a couple, working together to manage the finances while saving on taxes can be a difficult task. Right from paying off your loans, planning for a new house and planning your finances, you can save taxes on almost everything! Watch this video to find out how.
December 22, 2023 04:01 PM IST Ownership of smallcap stocks by institutions such as mutual funds has risen drastically, which makes the current rally much more stable compared to earlier ones, says B Gopkumar, MD and CEO, Axis Mutual Fund
December 23, 2023 10:46 AM IST As mid-cap indices climb to new highs, mid-cap fund managers have increased their activity in their portfolios. They may have chosen to sell their holding due to either the stocks reaching their in-house target prices, or an unfavourable change in the prospects making the stock unattractive
December 22, 2023 08:02 AM IST An advantage of the virtual credit card is that it empowers cardholders with advanced transaction controls and limits that protect against misuse and reduce the risk of significant financial loss.
December 21, 2023 03:03 PM IST Gifts received on the occasion of a wedding from relatives, friends and acquaintances are tax-free. However, if exemption is claimed on gifts received from a relative or friend well in advance, be prepared for queries from the income tax department.
December 21, 2023 07:01 AM IST Given the increase of inflows in mutual funds, fund managers would find the limit of 100 stocks for large-caps and 150 stocks for mid-caps restrictive.
December 21, 2023 07:06 AM IST Gold received during weddings is not taxed as it comes under streedhan, a concept under Hindu law that draws a Lakshman rekha around the gifts received by a woman during marriage. These gifts are protected from taxes even in cases of separation. But this gold should be in a reasonable quantity.
December 20, 2023 07:49 PM IST The product – T.U.L.I.P – offers life cover of up to 100 times the annual premium and also promises return of premium allocation charges at fixed intervals
