News and Updates

Keep yourself updated with the latest financial news and updates.

Posted On : 09-Jul-2022

Reference : Livemint

SBI GENERAL INSURANCE LAUNCHES CYBER INSURANCE COVER FOR INDIVIDUALS

The pandemic has led to a significant increase in the adoption of digital infrastructure across services. While this is a welcome development, in terms of the rising widespread digitization and internet penetration, threats of cyber-attacks are also on the rise.

Posted On : 09-Jul-2022

Reference : ET Wealth

HOW TO CLAIM BOTH HRA AND HOME LOAN TAX BENEFIT TOGETHER

Salaried people have very limited tax saving options and if they can get tax deductions on account of HRA and home loan repayment together then it results in significant tax savings.

Posted On : 09-Jul-2022

Reference : News18.com

NEW MOTOR INSURANCE SCHEME ALLOWS YOU TO PAY PREMIUMS ONLY WHEN YOU DRIVE; HOW IT WORKS

Launched under the IRDAI's Sandbox scheme, SWITCH is completely digital and comes as a money-saving option for those who drive well.

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. Sebi recently pushed the earlier deadline of April 1 to July 1. 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 plans 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 organization, 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 an income tax return (ITR). The TDS certificate (Form 16) has two parts and both 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.