Monthly Archives: July 2017

Understanding Risk in Debt Mutual Funds

Debt Mutual Funds Online   Investors have made double digit returns in certain categories of debt funds over the last one year. Financial planners suggest that investors be aware of the risks involved in debt funds and how mutual fund (MF) managers help lower these risks 1. What is interest rate risk? How could… Read More »

Capital Gain Account Scheme

  1 CGAS allows you to park sale proceeds of a property without capital gains tax liability, provided another property is bought within 2 yrs of sale or built within 3 yrs of the sale. 2 To be eligible for this exemption, account must be opened and funds must be deposited therein before the… Read More »

Home Insurance Policy

Buy Home Insurance Policy Online 1. What is home insurance policy? Home insurance is a type of property insurance that covers losses caused by fire, natural disasters, burglary or terrorist attacks. The policy has two layers -it pays for re construction of the structure and for loss of contents in the accident. Structure insurance would… Read More »

New Savings Accounts In India

How to Choose your Bank Account When everything from life insurance to a bank fixed deposits is customized to your exacting financial demands, why should savings bank accounts be far behind? Today, you can choose from a variety of savings bank account types depending on your needs and sensibilities. Here is a list of a… Read More »

Short Term Capital Gain Tax

You need to pay only short term capital gains tax. The five heads of income for computation of income tax in India are as follows: Income from Salary Income from House Property Income from Profits and Gains of Business or Profession Income from Capital Gains Income From Other Sources Once an income is counted under… Read More »

Benefits of e-Filing your Tax Returns before 31st July

From the Prime Minister to your office colleague, everyone seems to be talking about one thing, taxes! The tax deadline is here. And the due date for filing income tax returns for FY 2015-16 (AY 2016-17) is 31st July. Here are 5 benefits of filing your taxes by this date – Revision is possible Many… Read More »

PF withdrawal now in 10 days

PF Amount settlements   Retirement fund manager EPFO has reduced the stipulated period for settlement of various claims such PF withdrawal, pension and insurance to 10 days from 20 at present. The body launched the online claim settlement facility on 1 May 2017. It has planned to eventually settle claims of all Aadhaar and… Read More »