Budget expectations: When it comes to yearly tax savings, Section 80C is one of the widely used tools for salaried individuals and Hindu Undivided Families (HUFs). Under Section 80C of the Income Tax Act, salaried individuals and Hindu Undivided Families (HUFs) are entitled to income tax benefits of up to Rs 1.5 lakh by investing in … Read more
ITR filing: When comes to choosing appropriate tax regime for tax calculation, Old Tax Regime is still preferred by many. Old Tax Regime offers various deductions that can help taxpayers save more taxes. The deduction under section 80C of the Income Tax Act is a tax-saving provision that is available exclusively to individuals and Hindu … Read more
NEW DELHI: When the market hit all-time record high levels as FII dollars started flooding Dalal Street in November, what did mutual fund investors do? They seemed to have acted smart by taking some profits off the table but didn’t forget the time-tested formula of investing in a staggered manner for long-term returns. Mutual fund … Read more
In order to create wealth, you need to make prudent investments to make your money work for you. Thankfully, there are multiple investment avenues where you can invest as per your financial goals, risk tolerance, and liquidity needs. While long-term investments have always drawn attention, it is equally vital to focus on short-term investments, which … Read more
There are a variety of options to choose from in mutual fund schemes, based on one’s risk appetite and financial goals. If one is looking for investment opportunities that can help them generate wealth, get regular returns, and/or save taxes, then ELSS becomes a great investment choice. In recent years, it can be seen that … Read more
ET Intelligence Group: Fund flows into equities have lately moderated, but that hasn’t stopped more people to look at shares as lucrative growth assets. How do we know? Well, the number of folios hasn’t shrunk at all. Rather, it has risen consistently for a year and a half. Equity mutual funds added 1.18 lakh new … Read more