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Thu, Nov 15 2018. 09 19 AM IST

Among mutual funds, only ELSS comes with a lock-in

ELSS funds are locked for a period of three years starting from the date of investment.

Tue, Nov 13 2018. 09 20 AM IST

Dividend up to ₹10 lakh from shares exempt

To claim Foreign Tax Credit, you must submit a statement of foreign income and tax deducted on income, in Form 67

Tue, Nov 13 2018. 08 49 AM IST

For short-term luxury goals, you can consider equity

Ensure that there is enough liquidity available for any emergency corpus

Mon, Nov 12 2018. 09 33 AM IST

LTCG computation same for residential house, plot

LTCG is computed as sales consideration less indexed cost of acquisition less indexed cost of improvement

Mon, Nov 12 2018. 09 18 AM IST

Why you need to declare existing life plans when buying a new one

Insurers want to ensure the aggregate sum assured is not disproportionate to the person’s annual income

Tue, Nov 06 2018. 09 29 AM IST

Increasing your savings along with a rise in income helps meet goals

The funds which can be invested for the long-term should be allocated to public provident fund and MFs

Wed, Oct 31 2018. 10 04 AM IST

Probation of Will is not always compulsory

Once the Will is made, it can only be revoked during the person’s lifetime

Tue, Oct 30 2018. 09 26 AM IST

NRI taxation: Income arising from use of asset inherited is taxable

If you have received a sum of money under Will or inheritance, no tax is payable on such receipt

Tue, Oct 30 2018. 09 13 AM IST

Mutual fund investment: Never take undue risk to achieve your target

Surya Bhatia, managing partner of Asset Managers, answers query on mutual fund investment.

Thu, Oct 25 2018. 10 33 AM IST

7 months too less to judge performance of hybrid fund

Equity-oriented hybrid funds are good when an investor has a holding period of 3 to 5 years or more

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