Tax saving tools provided to citizens reduce the government’s revenues, but in return enable the citizen to compensate for what most governments of developed countries provide in terms of social security and medical care. Another benefit of tax deductions ... The Financial Chronicle, 2 weeks ago
Tax planning will help you pay less income tax. Something everyone wants. But smart tax planning will help you boost your portfolio. Illustration: Uttam Ghosh/Rediff.com The actual tax strategy will have a different meaning and emphasis depending upon an individual's personal circumstances. 1. Don't view any investment in isolation Good tax management can go a long way toward enhancing your return. But the decision needs to be made in conjunction with your overall portfolio and not in an ...Rediff.com, 1 month ago
Over the years, particularly in recent past, there has been increased attention from the government on the domain of personal finance and the various tax benefits they provide. Successive finance ministers have managed to strike a fine balance between the ...Sify, 1 month ago
In order to protect senior citizens from any decline in interest rates, Prime Minister Narendra Modi today said they will get a fixed 8 per cent return on 10-year bank deposits of up to Rs 7.5 lakh. Senior citizens (60 years and above) will get monthly ...Deccan Herald, 1 month ago
Expect more volatility in the coming year as the economy and markets price in the demonetisation drive, say Joydeep Ghosh and Sanjay Kumar Singh. Things were set to close on a pleasant note for most asset classes in 2016. Then November 8 happened. With old Rs 500 and Rs 1,000 notes taken out of circulation, the picture changed completely for the retail investor. As we enter the last week of the calendar year, all the numbers look very different. Equity and equity mutual funds hit hard The ...Rediff.com, 1 month ago
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...' report Joydeep Ghosh and Sanjay Kumar Singh.Illustration: Uttam Ghosh/Rediff.com The Employees Provident Fund Organisation (EPFO)'s decision to cut the interest rate from 8.8% to 8.65% for 2016-2017 should not come as a surprise to investors. With interest rates heading southwards, this move was expected. Already, the yield on the government's ...Rediff.com, 2 months ago
on your WebpageAdd Widget >Get your members hooked!