Today, there are a lot of financial apps which allow millennials to invest in a host of mutual funds. While these investment apps do make it easier for people to invest, there […]
Investing thru Apps
Hero To Zero
Why investing in equities is much safer thru rather than investing directly in individual stocks. Mutual funds hire full-time, high-level investment professionals. Funds can afford to do so as they manage large pools […]
Key Taxation Highlights Union Budget 2018-19
In the context of upcoming General Elections, Budget 2018-19 laid a strong focus on the agricultural, Infrastructure, healthcare and education sectors in the country. Some of The Key Highlights of the budget are […]
Mandatory linking of Aadhaar with Mutual Funds
As per the recent amendments to Prevention of Money-laundering (Maintenance of Records) Rules, 2005, it is mandatory for investors to link their Aadhaar with their Mutual Fund folio(s) on or before March 31, 2018, failing […]
What is FATCA ? (Foreign Account Tax Compliance Act)
On July 9, 2015, U.S. Ambassador to India Richard Verma and Indian Revenue Secretary Shaktikanta Das signed an agreement to implement the Foreign Account Tax Compliance Act (FATCA). The agreement is designed […]
Lambi innings ki taiyari
Retirement planning is one of the most important goals in the life of an individual. Typically, individuals prepare during their 30 years of working age acquiring knowledge, skill and sufficient income in […]
Coming Soon : An aggressive retirement planning option
Reliance Mutual Fund recently got the government nod to launch a pension plan. This is the third such plan from a fund house. The first two — from UTI MF and Franklin […]
Reliance tax saver topping the chart in the equity tax planning category
As on December 31, 2014 Reliance Tax Saver Fund stood at number one position under the equity tax planning category. Its Net Assets stood at Rs. 3618.07 crore. For a time period […]
What is STT
Definition : Securities Transaction Tax (STT) refers to the tax levied on transaction (purchase or sale) of securities listed on the Indian stock exchanges. Such securities include equity shares, derivatives and equity-oriented […]
Tax Reckoner for Investments in Equity Mutual Funds FY 2014-2015
Please find herewith Income-tax Rates in India for Resident Individuals / HUF, Domestic Corporates and NRIs on Investments in Equity Mutual Fund Schemes for the FY 2014-15. Budget 2014 saw two changes […]
