‘Things get a lot worse before they start to get better. Over the next two years, there will be more pain’

As per the provisions of the Income-tax (I-T) Act 1961, if the actual sale consideration is lower than the stamp duty value by more than 10%, the stamp duty value would be regarded as the deemed sale consideration, for the purpose of calculating such LTCG/L

 As per CBDT guidelines, the deduction is to be made when the aggregate value of the benefit exceeds ₹20,000 in a financial year and when the deductor’s gross sale or turnover from business exceeds ₹1 crore or from profession exceeds ₹50 lakh in the preceding financial year

Ensure that devices are free of viruses, malware or ransomware

When it comes to starting your financial path toward building wealth with sufficient liquidity, the first step is to create a savings account. A savings account is required for all banking and financial operations, and it is especially useful for short-term requirements or to meet unexpected crises.

The income tax law does not differentiate between the initial gift to the HUF and subsequent gifts

Any amount which is remitted to India from abroad through proper banking channel can be credited in the NRO or Non Resident Ordinary account

Yes Bank, a private sector lender, raised interest rates on fixed deposits below ₹2 crore. The bank made the announcement today, June 18th, 2022, and as a result of the revision, interest rates on deposits maturing in one to ten years have been raised.

Gold has traditionally been regarded as a superior investment asset. It has become a safe haven for investors all around the world in recent years. Gold, in particular, possesses all of the characteristics that a traditional investor seeks in an asset class. Investing in gold has always shown to be a successful approach to combat inflation. Is there, however, a better way to go about it? Let's have a look.

Fixed deposit is considered a safe option for investment, but it also has certain risks. The investor should be aware of before taking the decision of investing in the fixed deposit scheme. Let’s understand this in detail.

Jana Small Finance Bank (SFB), which is a DICGC-insured lender, has raised interest rates on fixed deposits of less than ₹2 crore. The bank made this announcement on June 15, 2022, and as a result of the modification, the bank increased interest rates on 1 to 5-year deposits.

Axis Bank, a private sector lender, has raised interest rates on fixed deposits of less than ₹2 crore.

Bank of Maharashtra has raised interest rates on fixed deposits of less than ₹2 crore. According to the bank's official website, the new rates are in force from June 13, 2022.

HDFC Bank, the country's largest private sector lender, raised interest rates on fixed deposits of less than ₹2 crore today.

The FD rates are applicable for deposits below ₹2 crore offering a maximum 5.8% interest rate, while the savings balance has the highest rate of 3.55%.

Bank of Baroda (BoB), a public sector lender, has increased interest rates on fixed deposits of less than ₹2 crore.

Bank of Baroda (BoB), a public sector lender, raises interest rates on savings bank accounts. The bank issued this announcement on June 15, 2022, and as a result of the modification, savings account interest rates have been raised by 5 to 10 basis points.

The higher limit of ₹15,000 for e-mandates on credit/debit cards and prepaid payment instruments (PPIs) for recurring  has come into effect

A target maturity debt index fund may be the most appropriate alternative for you to consider as a substitute to a bank deposit

Here is the list of average price of flats across five price bands in Delhi-NCR

With interest rates on loans set to rise, this could be a smart savings option for customers

The revised rates are applicable on FDs below ₹2 crore. The new rates have come into effect from June 15. Senior citizens are the biggest beneficiary of the latest FD rates at HDFC Bank.

The total number of subscribers for National Pension Scheme (NPS) and Atal Pension Yojana (APY) stood at 5.33 crore

The highest FD rate is 5.75% for the general category and 6.50% for senior citizens that is offered on 5 years 1 day to 10 years tenure.

The State Bank of India (SBI) has increased interest rates on recurring deposits (RD)

Mutual fund calculator: If a mutual fund SIP investor had started ₹10,000 monthly SIP in this plan 2 years ago, its ₹10,000 monthly would have grown to ₹3.37 lakh today

Real estate investment is one of the few investment instruments which have been there since time immemorial

If we map your existing portfolio of ₹4 lakhs to your daughter’s education, then you will have to invest ₹18,000 every month for the next 16 years to create the corpus of ₹1 crore at a 10% p.a.

Travel insurance offers medical cover, particularly if you are hospitalized abroad and need to fly back to India immediately for treatment.

Experts say investment entails high risks and individuals should be able to absorb any losses

PNB Housing Finance has raised fixed deposit (FD) interest rates by 10 bps to 25 bps on various tenors

Kamath’s True Beacon plans to actively use derivatives and government bonds to deliver outperformance

It will not charge management or performance fees until the firm generates a CAGR of more than 15% over 3-4 years.

A non-resident in India is eligible to transfer property acquired by way of inheritance, by way of sale or gift to Indian citizens permanently residing in India

Interest rates offered on FDs are directly linked to the banks’ liquidity position and not on the repo rate

The hurdle rate is the minimum acceptable return on investment (ROI) in a project, considering the risks associated with that project

All large, mid, small and flexi cap funds are down from their 18 October 2021 peak

If an investor chooses Apple shares today versus Bitcoin as an asset class, Nikhil Kamath co-founder of Zerodha stated with Apple, an investor will have $100 billion in real-world income per year.

Equity investments tend to give higher returns than all other asset classes over the long run, but they are also riskier Here's a look at the tax rules that apply to some debt-related investment products

Rates on deposits of tenure from 91 days to six months and between seven years and 10 years saw the highest hike of 25 bps to 4% and 5.75%, respectively

North America continued along its growth trajectory, boasting the highest increase in HNWI population at 13.2% to 7.46 million individuals in 2021

The hike comes after two back-to-back repo rate hikes by the Reserve Bank of India (RBI) in the May and June meetings of the monetary policy committee to rein in runaway price rise. SBI last hiked deposit rates in February, showed data available on its website.

Advance tax is applicable for assessees, including salaried employees, whose tax liability for the fiscal after accounting for taxes deducted or collected at sources, is ₹10,000 or more, the tax authority said

Fixed deposit interest rates are rising, and depositors are scrambling to see which bank is giving the greatest deal. With DICGC deposit safety and maturity terms ranging from 7 days to 10 years, a fixed deposit investment is perfect for obtaining a regular income as well as tax benefits with a low-cost investment.

Punjab National Bank (PNB), the country's second-largest public-sector lender, has raised interest rates on fixed deposits of less than ₹2 crore.

Sundaram Finance is a well-known Non-Banking Financial Company (NBFC) and the company's fixed deposits are currently rated AAA (Highest Credit Quality) by ICRA and CRISIL and have been for the past 30 years.

Mutual fund investment strategy: Debt funds may yield 0.50 per cent to 1.0 per cent higher from its average annual return in next 6 months to two years, believe tax and investment experts

Debt investors with a low-risk profile can consider investing in fixed deposits, which are instruments that are not linked to market-based returns and provide you with regular or fixed income based on your chosen tenure.

Equitas Small Finance Bank, a DICGC-insured institution, has increased interest rates on fixed deposits below ₹2 crore. The bank made the announcement on June 10th, 2022 and now regular customers will get a maximum interest rate of 6.85 per cent and senior citizens will get 7.35 per cent.

Income tax calculator: LTCG tax exemption on gold sell can be claimed only when the new house is purchased within 2 years of gold sell