BSE Market Info

New investors should stick to tried and tested funds

New investors should stick to tried and tested funds

Stick to tried and tested funds with good track records of performance in the market
File your returns to claim refund of excess taxes paid

File your returns to claim refund of excess taxes paid

For RNORs, interest earned on foreign currency deposits with a scheduled bank is not taxed
Annuity from pension plans is treated as income and taxed

Annuity from pension plans is treated as income and taxed

If you do not buy an annuity on maturity then two-thirds of the maturity amount is taxed
Inherited property held for 36 months is a long-term asset

Inherited property held for 36 months is a long-term asset

Exemption from LTCG tax can be claimed by reinvesting gains in a residential house in India
Beneficiaries under a Will cannot be its attesting witnesses

Beneficiaries under a Will cannot be its attesting witnesses

There is no specified format for a Will
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Thematic funds are better suited for short-term investing
Sun, Dec 14 2014. 11 54 PM

Thematic funds are better suited for short-term investing

For long-term systematic investments, it is better to go with diversified funds
Taxation of income earned depends on residential status
Thu, Dec 11 2014. 06 40 PM

Taxation of income earned depends on residential status

Residential status would be determined based on the number of days of stay in India
No interest is paid on PF accounts declared dormant
Wed, Dec 10 2014. 06 25 PM

No interest is paid on PF accounts declared dormant

Merely holding the PF balance for more than five years will not absolve the tax implications
No-claim bonus is linked to the owner and not the vehicle
Tue, Dec 09 2014. 06 32 PM

No-claim bonus is linked to the owner and not the vehicle

So, if ownership changes, the NCB is no longer offered on renewal
Pension plan’s objective is to give income during retirement
Mon, Dec 08 2014. 06 48 PM

Pension plan’s objective is to give income during retirement

Life insurance companies offer insurances under various categories
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