Whether a person will be clasifed as NRI or not will depend on the number of days he or she has stayed in India and…
In case of unlisted securities, if the stock is sold within 24 months, it’s considered short term. The gains are added to the income of…
In case of a joint account, interest income up to ₹7,000 is tax exempt. If you have opened a joint savings account in post office,…
However, there are also several conditions one has to meet to avail a tax deduction on donations. The deduction varies with the institution to which…
You may create a comprehensive mutual fund portfolio consisting of equity and hybrid funds with a 60:40 ratio, respectively Source: money
SBI Savings Plus Account is a Savings Bank Account linked to Multi Option Deposit Scheme (MODS), wherein surplus fund above a threshold limit from the…
Axis Securities laid out key points in a recent note which it believes will help investors to sail smoothly through the volatility Source: money
To start with, you would do well to sit with a financial planner and work out the life events in future, which can guide you…
The legal heir of a deceased person is responsible for payment of any penalties, fee or interest on non-filing of ITR Source: money
Index funds with a good track record and low tracking error are safe bets Source: money