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News & Features | Personal Finance    See All Updates : 8301

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Get best of equity, debt features in one product

DNMUM433572 | 3/18/2019 | Author :Kumar Shankar Roy | WC:1076

Mumbai: For some cleverly designed investment products, being ‘two-faced’ is a positive feature. These products have debt/fixed income allocation, but they are taxed not like debt. If you invest in

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Why people find it mentally painful to pay advance tax

DNMUM433573 | 3/18/2019 | Author :Vivek Kaul | WC:667

“That was a long call,” she said, as soon as I got off the phone.“Yeah.”“Who were you talking to, V?” she asked.“A friend.”“What about?”“Oh, he paid advance tax last week

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It may be difficult to claim all tax benefits

DNMUM433379 | 3/13/2019 | Author :Rishabh Parakh | WC:553

A salaried employee earning around Rs 15 lakh has a tax liability of around Rs 2.50 lakh. But you can be completely tax free if you optimise many of the income tax rules. But it is possible only if

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Check waiting period of maternity cover

DNMUM433380 | 3/13/2019 | Author :Manju Dhake | WC:464

Maternity is one of the most joyous moment in a woman’s life. Today, you can plan for this financially by securing maternity-related expenses with new-age insurance products. Here’s what you should

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Only interest on loan taken for house repair is eligible for tax deduction

DNMUM433381 | 3/13/2019 | Author :Chirag Nangia | WC:185

If I transfer my home loan and take a top-up loan for renovation, will I get tax exemption for both? How many times can I transfer loan the home loan?Under Section 24 of the Income Tax Act, t

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Need a bigger home loan, more time to repay?

DNMUM433332 | 3/13/2019 | Author :Priya Nair | WC:818

Most lenders - banks and housing finance companies - are reluctant to extend home loans to salaried individuals beyond their retirement age, which is around 60 years. This means anyone above 40 years

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