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Invest in tax-saving mutual funds to enjoy dual benefits

DNMUM402033 | 12/1/2017 | Author : Shalini Sekhri | WC :401

Personal Finance

When it comes to financial matters, money saved is money earned! ??
It is soon going to be that time of the year when the annual exercise of planning one’s tax saving investments will be in full swing.??
Previously, most of us have opted for traditional avenues like Public Provident Fund (PPF), National Savings Certificates (NSC), designated Fixed Deposits and National Pension System (NPS) to avail the tax saving benefits under Section 80C of the Income Tax Act. All of these options require long-term commitment, with a lock-in period of anywhere from 5 to 15 years. Did you know Mutual Fund Equity Linked Saving Schemes (ELSS) also gives you tax rebate under Section 80C? These funds not only have the lowest lock-in period (th
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Apple confirms it has acquired Shazam
DNMUM403000 | 12/13/2017 12:00:00 AM | Author : DNA Web Desk | WC :318

Apple said that it would buy leading song recognition app Shazam in a fresh bid to secure an edge in the intensifying battle of streaming services. Apple, whose streaming service has rapidly grown but still has only half the paid subscribers of
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Sensex falls 228 pts on inflation woes
DNMUM403006 | 12/13/2017 12:00:00 AM | Author : DNA Money Correspondent | WC :318

Mumbai: Snapping its three-session winning streak, Indian stock markets languished in the red on Tuesday. Rising global oil prices ahead of the inflation numbers frayed investor nerves.
While the 30-share Sensex tumbled 227.80 points, or 0.68%,
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Here’s a checklist for home buy
DNMUM403007 | 12/13/2017 12:00:00 AM | Author : Harshil Mehta | WC :631

Buying home involves detailed planning. After deciing which house to buy, implementation of the plan is crucial. Here are a few steps to make it simpler for you to own your dream home. In-depth research: Check for the current housing trends an
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Biocon, Sharon on FDA list for not paying facility fee
DNMUM403008 | 12/13/2017 12:00:00 AM | Author : Kumar Shankar Roy | WC :429

Mumbai: American drug regulator US FDA has listed facilities of Indian companies, including those of stock-exchange listed Biocon and Sharon Bio-Medicine, among the ones who have not paid the annual facility fee. This means no new generic drug
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