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A Systematic Investment Plan comes in various variants such as Top-Up SIP, Flexi SIP, Trigger SIP and Perpetual SIP.
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Under Section 80C of IT Act, 1961, every year you can avail of Rs 1.5 lakh tax deductions by investing in ELSS. Plus, you don’t have to pay any tax on Rs 1 lakh capital gains made in a single FY.
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India is now the biggest country in the world, in terms of its population, and this humungous number serves as the backdrop on which the domestic consumption story rests.
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As per the World Risk Report 2023, with India figuring amongst the Top 3 countries in terms of disaster-related risks, parametric reinsurance solutions that protect against financial risks associated with natural calamities are gaining increasing relevance
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The Reserve Bank on Monday came out with comprehensive guidelines on unclaimed deposits under which banks will be required to undertake special drives periodically to find out the whereabouts of customers with such accounts. The revised instructions, to come into effect from April 1, are expected to complement the ongoing efforts and initiatives taken by […]
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Passenger vehicle sales in India touched a record high of 41.08 lakh units in 2023, growing by 8.3 per cent over the previous year driven by SUVs, which accounted for almost half of the total dispatches from manufacturers to dealers. The record sales have been achieved despite an increase in the average price of vehicles […]
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So, in order to assess the potential profitability of presently loss-making startups, you can consider the following 3-point framework.
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There has been a lot of debate on the old and new tax regime. Recently, a survey by online insurance platform, Policy Bazaar said 63 percent of the people paying income tax want to continue with the old tax regime while 37 percent want to remain with the new tax regime. People from 350 cities, totalling 1,263, took part in the survey. […]
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The price hike is in the range of 1-3 percent. It may vary slightly for different models, starting from a few thousand rupees and significantly higher for premium cars.
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The Income Tax Department introduces various tools and features from time to time to make the process of ITR filing convenient for taxpayers. Recently, the department had brought in a new feature. It is called ‘Discard Return.’ So What is ‘Discard Return,’ and how does it work? What benefits you get if you avail of the […]
