Kurian Jose, CEO, Tata Pension Fund, says PFRDA is working on making pension and retirement products appealing to youth and has introduced investing through QR code. Also, the rules to withdraw money partially from the National Pension System (NPS) were changed starting February 1, 2024, whereby an NPS subscriber is allowed to withdraw from his … Read more
Tax season often brings a frantic rush of investments in tax-saving instruments, but a strategic approach to tax planning can significantly enhance your financial health. This detailed guide will delve into incorporating tax planning into your broader financial strategy, which can result in improved investment choices and, ultimately, wealth accumulation. Understanding the Integration of Tax … Read more
Arnav Pandya, Founder, Moneyeduschool, says for a longer term, one can slowly start investing into longer duration debt funds because what will happen is that when rates actually come down, these are the ones which will see the highest gains coming into that. So, the question now is when the rates will start getting cut … Read more
Feroze Azeez, Dy CEO, Anand Rathi Wealth, says “smallcap stocks are the bottom 250 stocks of NSE 500 as per SEBI’s definition for a mutual fund investor. Putting 250 companies in one judgment itself is fundamentally incorrect. The smallest stock in the smallcap index is a Rs 3,200-crore market cap company and the largest one … Read more
Mrin Agarwal, Founder, Director, Finsafe, says “there are conservative, moderate and aggressive risk profiles. Someone who is aggressive means that they want their money to grow and they are willing to take a lot of risks to get their money to grow. Someone who is conservative means that they do not want to take risk … Read more
New York CNN — So far this tax season, the IRS has received more than 100 million income tax returns for 2022. That means tens of millions of households have yet to file their returns. If yours is among them, here are some last-minute tax-filing tips to keep in mind as the Tuesday, April 18 … Read more
Feroze Azeez, Deputy CEO, Anand Rathi Private Wealth Management, says If one is going to get 8% with a triple AAA rated corporate bond and 7.4% with the Government of India, one should always choose 7.4% because in 10 years, corporates can go through whatever they have to go through. Why will you take that … Read more
With the start of the new financial year, a slew of regulatory changes will impact your investments across equity markets, mutual funds and other schemes. Here’s a guide on what changes for investors in FY24. STT hikeIn a surprise move during the Parliament session, the union government has proposed to increase Securities Transaction Tax (STT) … Read more
Paris CNN — French transport networks, oil refineries and schools were hit by widespread disruption Thursday as workers staged a national strike to protest an increase in the retirement age that was pushed through parliament without a vote. Though sporadic demonstrations had popped up in Paris and other cities after the French government forced the … Read more
Paris CNN — The City of Lights has a garbage problem. Massive strikes in Paris against pension reform this week are affecting trash pickup services in the French capital, with piles of waste sitting on many of the city’s normally picturesque streets, including those just steps from monuments like the Eiffel Tower and the Arc … Read more