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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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‘We’ve lined up capex of `15K cr for 3 years’
DNMUM428010 | 12/14/2018 12:00:00 AM | Author : Swati Khandelwal | WC :531

V S Parthasarathy, chief financial officer (CFO), Mahindra & Mahindra, spoke about the expected growth of the company, the impact of the trade war, acquisition of Korea’s SsangYong Motor and Mahindra-Ford alliance during an interview with S
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Food for your pet’s soul
DNMUM428011 | 12/14/2018 12:00:00 AM | Author : Priyanka Golikeri | WC :538

When millennials vouch by pure and gourmet foods, why leave out their beloved pets? Dogs and cats are getting a taste of all things artisanal and organic, with exotic ingredients like yak cheese, black rice, quail eggs making their way into curated p
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Uncertainty may lead to re-rating of power sector
DNMUM428027 | 12/14/2018 12:00:00 AM | Author : Sandeep Upadhyay | WC :680

Power sector is grappling with the double whammy of uncertainties revolving around policy and decision making along with depleting interest from the investors due to more than ever before focus on renewables.About a fifth of the total power gen
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Let there be light
DNMUM428028 | 12/14/2018 12:00:00 AM | Author : Ateeq Shaikh | WC :1534

In India’s bankruptcy courts, a clutch of electricity generators and ancillary companies are jostling for space. An unusual growth in capacity addition over the last few years that outpaced the demand had created stress in the secto
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