The State Bank of India has announced the reintroduction of a retail term deposit scheme named ‘AMRIT KALASH’, which is a special program with a tenor of 400 days. Previously, the bank […]
The government intends to enable investments in Small Saving Schemes using Aadhaar instead of PAN.
According to a senior official, the Finance Ministry is planning to make it easier for a larger number of investors, particularly those from rural areas in India, to take advantage of small […]
The removal of the long-term capital gains (LTCG) tax benefit will cause debt mutual funds to become less appealing.
India’s Finance Minister Nirmala Sitharaman has eliminated the tax advantage that debt mutual funds have over bank fixed deposits (FDs) starting next financial year. This change in the Finance Bill 2023 has […]
Link your investments to your Financial Goals
Are you like…Rohit, who decides to redeem his investments when markets decline and doesn’t see any improvements? OR Rohan, who decides to redeem his investments when markets rise and wishes to safeguard […]
Tax Declaration Form 15G/15H
We are receiving queries regarding New Form 15G/15H, its benefits and procedure of filling & submission of Forms. Here we are sharing the complete details Form 15G/15H are Self-Declaration Forms required for […]
FMPs or FDs ?
FMPs score over FDs on the taxation front. While FDs are taxed at the tax rate applicable to the individual (which could be as high as 30%), FMPs which are held for […]
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