The regulator’s consultation paper talks of adoption of trail commissions, and introduction of direct plans in AIFs. Source: money
PF withdrawal rule: Under income tax rules, provident fund amount withdrawn before five years of PF account opening, whole taxable amount is taxable Source: money
Income tax calculator: In National Pension System (NPS) scheme, an earning individual is given an additional ₹50,000 tax deduction under Section 80CCD (1B) Source: money
Making the new income tax regime the default option was one of several changes to the country’s income tax structure that India’s finance minister Nirmala…
In her budget speech, Sitharaman promised a rise in the annual standard deduction from Rs. 50,000 to Rs. 52,000. Source: money
Quant’s equity schemes had come under pressure due to its exposure to Adani group stocks, which corrected singnificantly after the short-seller Hindenburg’s report Source: money
If the aggregate amount of deductions and exemptions that you are eligible to claim under the old tax regime is more than the breakeven threshold…
A new section 50AA of the Act is proposed to be inserted for the taxation of MLDs Source: money
Allocate the savings that you generate post home purchase, towards a combination of passive and diversified equity mutual funds, both domestic and international, to help…
Most of the budget proposals this year brought cheer for taxpayers on many counts but bond investors had a reason to worry Source: money