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When to Avail Capital Gains Account Scheme to Save Income Tax After Realizing Long-Term Capital Gains

When to Avail Capital Gains Account Scheme to Save Income Tax After Realizing Long-Term Capital Gains Capital Gains Account Scheme (CGAS) is a valuable tax-saving avenue for individuals and Hindu Undivided Families (HUFs) who have realized long-term capital gains through…

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What Do You Do About Your Health Insurance When You Retire?

What Do You Do About Your Health Insurance When You Retire? Retirement is a major shift in your life, and how you deal with your health insurance is no exception. Without an employer-sponsored plan, knowing your options and maintaining uninterrupted…

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Does HDFC Mid Cap Opportunities Fund’s AUM increase affect its performance?

Does HDFC Mid Cap Opportunities Fund’s AUM increase affect its performance? The popularity and growth of a mutual fund is frequently gauged by monitoring its Assets Under Management (AUM). Increasing AUM usually boosts investor confidence but does improve performance? Is…

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The essential information for learning about Arbitrage Funds.

The essential information for learning about Arbitrage Funds. Arbitrage funds are a type of mutual fund that capitalizes on price differences between the cash and futures markets to generate returns. The conservative investor demographic is drawn to these funds due…

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Long-Distance Running & Wealth Building: Brothers from Another Mother

Long-Distance Running & Wealth Building: Brothers from Another Mother   Although not closely related, long-distance running and wealth building have significant similarities. Both are dependent on patience, discipline and hard work.’ The. A strategic approach to wealth creation is akin…

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Mutual Fund Investors Can Now Add Up to 10 Nominees

Mutual Fund Investors Can Now Add Up to 10 Nominees The financial industry is continuously evolving to provide more flexibility and security to investors. A recent development in the mutual fund sector has introduced a significant benefit for investors: the…

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  • 8th CPC: What is the role of pay commissions in calculation of Dearness Allowance?

    8th central pay commission: The government appointed panel determines Dearness Allowance hike, fitment factor and other allowances for central govt employees. Here's what role it plays in the decision process…

  • Bank deposit risk explained: What happens to your money if a lender fails to return it?

    Bank deposits are generally safe, but in case of bank failure, only ₹5 lakh per depositor is insured under the DICGC. This coverage applies to all accounts in a bank, with specific exclusions for certain deposits. Details here. 

  • Tax-saving FDs vs regular FDs: Interest rates, lock-in and tax benefits compared

    Fixed deposits (FDs) are favored for stable returns, with banks in India offering rates up to 7%. Tax-saving FDs provide deductions under Section 80C but have a 5-year lock-in. Interest rates vary, with senior citizens receiving higher rates.

  • Sovereign Gold Bonds: RBI announces redemption price for 2018 series payable on 4 May; here's how much you gain

    The RBI has set the final redemption price for its Sovereign Gold Bond 2018-19 Series-I at ₹14,901 per unit, payable on 4 May 2026. Investors could see gains of nearly 386% from the issue price of ₹3,114 per unit.

  • Income tax: How much cash can you deposit to prepay home loan principal without attracting I-T notice?

    Income tax rules discourage cash transactions, limiting annual deposits to ₹10 lakh. Experts recommend using savings accounts for cash deposits

  • How to claim stuck NPS funds with interest? Step-by-step guide for subscribers

    Unclaimed National Pension System contributions can be retrieved through a mechanism specified by the Pension Fund Regulatory and Development Authority. Full details here.

  • Family floater vs separate policy: What’s best health insurance policy for your elderly parents?

    Family floater health insurance premiums are primarily calculated based on the age of the eldest member covered. Other key factors are - sum insured, medical history of family members, and family size 

  • PPF maturity rules: What investors should do when their account matures?

    As PPF accounts reach maturity, holders must choose to withdraw the total amount, extend for five years, or continue without extra deposits. Here's what each option offers.

  • Estate planning: How is father’s property divided among sons and daughters? Can a sister claim her brother’s property?

    A married woman's share in ancestral property is influenced by laws, family dynamics, and social norms. Key laws - the Indian Succession Act and Hindu Succession Act emphasise equal rights for daughters and sons in inheritance matters.

  • Why has my ₹90 lakh home loan's principal reduced by only ₹6 lakh despite paying 60 EMIs? I asked ChatGPT

    I asked ChatGPT why the principal of my ₹90 lakh home loan hasn't decreased much despite paying off ₹45 lakh via 60 EMIs. Here is what AI said.

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