Merge old EPF Accounts at one go

Best SIP Funds to Invest Online Retirement fund body EPFO has opened a new facility for its over 4.5 crore members that will allow consolidation or merger of their multiple PF accounts with the current universal portable account number (UAN). Under this facility, subscribers of the Employees’ Provident Fund Organisation (EPFO) can merge as many… Read More »

How Hindu Undivided Family Taxed?

Best SIP Funds to Invest Online Interestingly, even Jain, Buddhist and Sikh families can have HUFs. Here’s everything you need to know about HUFs An HUF is a family which consists of all persons lineally descended from a common ancestor, and also the wives and daughters of the male descendants. It consists of the karta,… Read More »

Funds for cautious investors

Best SIP Funds to Invest Online This fund is for investors who wish to tread cautiously and are content with inflation beating gains and tax efficiency. The funds selected for them have passed this test with performance history that spans both the down and up cycle of the stock markets. Do not expect these funds… Read More »

Different Capital Gains Taxes

Different Capital Gains Taxes have different Rates Every capital transaction will have a tax implication, and it will differ according to the nature of the asset Income tax returns are due to be filed by 31 July, and apart from what’s in your Form 16 it also needs to have details about your capital gains… Read More »

LTCG Tax on Mutual Funds

Best SIP Funds to Invest Online Long-term capital gains (LTCG) tax has been proposed in the Budget on equity-oriented mutual funds, besides gains on equity. Finance Minister Arun Jaitley has proposed that 10 percent tax will be levied on capital gains in excess of Rs 1 lakh in a financial year on selling one’s investment… Read More »

Invesco India Tax Plan

Best SIP Funds to Invest Online HOW HAS THE Invesco India Tax Plan PERFORMED? With a 10-year return of 14.58%, the fund has massively outperformed the benchmark index (8.03%) and the category average (10.67%). Invesco India Tax Plan Annualised-performance FUND MANAGER Amit Ganatra Tenure: 1 month Education: B.COM(H), CA, CFA WHERE DOES THE FUND INVEST?… Read More »

Financial Planning Things To Do In Your 20s

Best SIP Funds to Invest Online Financial Planning is likely the last thing on your mind in your early to mid-20s. Free of responsibilities and money worries, you probably live pay check to pay check, with little or no care for the future. However, as boring as it might sound, your 20s are actually the… Read More »

EPF vs PPF vs VPF

Best SIP Funds to Invest Online Retirement planning has become the most talked about topic among people as young as 25. With so many investment options (Mutual Funds, Equity, ULIPs, NPS, Post office schemes, PPF, EPF Pension Plans etc.) coming up, it is becoming more difficult for youngsters to zero in on the most suitable… Read More »

Non-Residents can get Tax Refunds to their Foreign Bank Accounts

The ITR forms now allow non-residents to give details of bank account outside India, so they may receive the refunds in it directly The last date for filing income tax returns (ITRs) for the assessment year (AY) 2017-18 is 31 July 2017. All those who want to claim tax refunds, have to mandatorily e-file their… Read More »

How to Fill SIP Forms

Best SIP Funds to Invest Online Many investors make the mistake of signing a mutual fund Systematic Investment Plan (SIP) form without reading the whole and understanding the relevant points mentioned. We just ask the advisor one question – where do I need to sign? Simply signing the form will only complete the formalities, however,… Read More »