News and Updates

Keep yourself updated with the latest financial news and updates.

Posted On : 09-Jul-2022

Reference : Money Control

WHY INCOME MAY NOT BE FIXED IN FIXED-INCOME FUNDS

Fixed income funds or debt funds are typically used to reduce volatility in your portfolio. That doesn’t mean that your returns are guaranteed. There’s a big difference.

Posted On : 09-Jul-2022

Reference : ET Wealth

14 WAYS TO CUT FLYING COSTS WHILE BOOKING AIR TICKETS

Most people think that flights with layovers are cheaper than direct ones, but this does not apply to flights across the board. It’s typically true for long-haul flights, where you can cut rates by almost half if you pick ones with layovers or even stopovers.

Posted On : 03-Jul-2022

Reference : Economic Times

Pooling of mutual fund investments stops tomorrow; how will it impact your SIPs?

Many mutual fund platforms had already complied with the new rules in June. The earlier deadline of April 1 was recently pushed to July 1 by Sebi. So, what will change?

Posted On : 03-Jul-2022

Reference : Financial Express

Negative returns on equity, debt funds: Mutual fund investors face double blow

Alongside the negative return on most of the equity-oriented funds, debt fund investors also face a similar fate as policy rates are hiked after being kept low for a few years.

Posted On : 03-Jul-2022

Reference : Economic Times

5 ways for Indians to make money in US markets

Regularly investing helps you take advantage of natural market fluctuations. When you invest a fixed amount consistently over time, you can create wealth that grows and acts as an alternate income source to invest in physical assets, family action plans and plan for your child’s overseas education.

Posted On : 03-Jul-2022

Reference : Business League

Income Tax Rules: Your income will not attract even 1 rupee income tax, Know the rule immediately here

Income Tax Rules: There are also some income sources, from which income tax does not have to be paid on the income. Let us explain them in detail.

Posted On : 28-Jun-2022

Reference : CNBC TV18

10 reasons why buying a health insurance in your 20s is a good idea

Purchasing a health insurance policy at an early age reduces premium rates.

Posted On : 28-Jun-2022

Reference : Money Control

Emergency Fund: Self-employed, make it large!

Being self-employed or being your own boss seems glamorous. But with it comes financial insecurity and erratic income. Make sure you provision for it. So, the self-employed need a larger emergency fund.

Posted On : 28-Jun-2022

Reference : Money Control

All you need to know about Deemed Conveyance of properties in Maharashtra

It’s a Conveyance Deed executed to transfer the ownership of land and the building structure from the developer-builder to a co-operative society or a similar organisation, when the developer-builder refuses to do so.

Posted On : 28-Jun-2022

Reference : ET Wealth

How TDS on crypto, virtual digital assets will work from July 1, 2022

The Central Board of Direct Taxes has issued a circular explaining the guidelines about how TDS will work on crypto, virtual digital assets (VDAs) and NFTs (as notified by the government). Read on to know what TDS certificate will be issued and how much tax will be deducted on the sale of VDAs.

Posted On : 28-Jun-2022

Reference : ET Wealth

Buying NRI property through POA? Take these precautions

Many NRIs prefer to sell their properties through a Power of Attorney (PoA) by assigning a person to do the property registration formalities on their behalf. As a buyer, if you are planning to buy a property from an NRI through POA, you should be mindful of certain risks involved as rules and regulations governing such transactions are a bit complicated.

Posted On : 26-Jun-2022

Reference : ET Wealth

Form 16: What you should check in TDS certificate while filing ITR

Form 16 is one of the essential documents required to file income tax return (ITR). The TDS certificate (Form 16) has two parts and both the parts must bear the TRACES logo. One must note that at present ITR forms come with a lot of the information pre-filled. This makes it all the more important to check the information furnished in the TDS certificate.

Posted On : 26-Jun-2022

Reference : Livemint

Want to buy a house by redeeming mutual fund investments? Income tax rules explained

To claim an exemption under Section 54F, the sale consideration has to be invested to buy a residential house within two years from the sale of the mutual fund investments

Posted On : 13-Jun-2022

Reference : ET Wealth

6 reasons why you should not buy property via Power of Attorney

Governed under the Contract Act and read with the Power of Attorney Act,1882, a PoA is a legal document through which a person nominates another person to act on his behalf.

Posted On : 13-Jun-2022

Reference : Money Control

E-mandate limit for recurring card payments hiked to Rs 15,000: What it means for users?

An increase in the e-mandate limit will help users leverage benefits available under the framework to a greater extent and enhance customer convenience.