Investors in the 10% and 20% slabs can get better post-tax returns compared to a bank fixed deposit Most small saving schemes have seen a downward revision in interest rates recently. Bank and post office fixed deposits are now in the range of 7.5-8 per cent and high-rated company deposits return 8.4 per cent. In this scenario, Mahindra Finance has come up with a non-convertible debenture (NCD) issue that can fetch investors returns of nine per cent annually. In the individual category, those ... Rediff.com, 5 hours ago
NCDs suit those in lower tax bracket - Business Standard India, 21 hours ago
Government has announced several changes for those who want to invest in the Sukanya Samriddhi Yojana (SSY) this financial year. Now, an account can be opened for an adopted daughter. And, only a girl child residing in India can be a beneficiary. ...Business Standard India, 1 week ago
As interest rates are expected to move south, many savvy investors are buying tax-free bonds in the secondary market. Some of these an effective yield of over seven per cent or 10 per cent return before tax — an attractive rate for those in the ...Business Standard India, 3 weeks ago Here's how you can beat the falling interest rate Smart Investor, 3 weeks ago
With the government completely rolling back the recent guidelines on the withdrawal of provident fund, employees saving through this instrument would be a relieved lot. Though the option to dig into your retirement savings has been restored, ...Business Standard India, 1 month ago
Companies in the financial sector are increasingly coming up with innovative health care products. Last year, HDFC Bank had launched a prepaid medical card partnering Apollo Hospitals that employers can issue to their employees. Recently, Arogya ...Smart Investor, 2 months ago Mediclaim-linked liquid fund works for senior citizens Smart Investor, 2 months ago
ICICI Prudential has tied up with the healthcare service provider to enable investors in its ICICI Prudential Savings Fund use the money seamlessly for medical purpose. Companies in the financial sector are increasingly coming up with innovative healthcare products. Last year, HDFC Bank had launched a prepaid medical card partnering Apollo Hospitals that employers can issue to their employees. Recently, Arogya Finance, a non-banking financial company, launched a pre-approved medical ...Rediff.com, 2 months ago
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