Top performing mutual fund monthly income plans (MIPs) have beaten Post Office Monthly Income Scheme (MIS) in terms of annualized returns over the last 5 years, by investing a small part of the corpus in equities...Read More
The Finance Minister announced some important changes to the personal income tax front in the 2014 Budget. We will discuss these changes and the implications for tax payers in this blog...Read More
With the rising cost of healthcare in our country, health insurance is an essential investment in ensuring our family’s critical healthcare needs. Healthcare costs in India are increasing at a distressing rate...Read More
There are both advantages and disadvantages associated with buying single premium versus regular premium life insurance policies. In a single premium insurance policy, the entire premium is paid up front, whereas...Read More
An effective way to save tax, as advised by tax consultants, is to form a Hindu Undivided Family. The principle of taxation of Hindu Undivided Family is based on the concept of joint family in India, where the assets...Read More
Infrastructure funds, which have been the biggest laggards in the last five years, are now making a strong comeback. Infrastructure sector funds, as a category, have given nearly 65% returns in the last year...Read More
Section 80C of Income Tax Act allows tax payers to claim deductions from their taxable income (up to Rs 1 Lakh) by investing in certain instruments. However, many tax payers are not aware that, there are other sections of...Read More
Investors often tend to ignore the impact of taxes on their investment planning. Taxes, however, have a significant impact on the returns earned by the investor and therefore investors should pay due attention...Read More
With the first union budget of the new government only a few days away, the much awaited pre budget rally has finally arrived. The Sensex and Nifty have rallied to cross the psychological 25,000 and 7,700...Read More
The mutual funds are allocating a higher portion of their assets under management (AUM) to stocks in banking and finance sectors. As per the data published by the Securities and Exchange Board of India...Read More