- Pharma, healthcare sector mutual funds deliver up to 44% return in 2024. Should you increase…on November 5, 2024 at 5:30 am
Pharma and healthcare mutual funds have yielded impressive returns in 2024. The sector benefited from resilience amidst corrections in other sectors and steady growth in the domestic market. Experts suggest a cautious approach to investment due to current valuations. A phased allocation strategy of 10-15% is recommended, with potential for increasing allocation over time.
- Axis Mutual Fund introduces percentage based SIP top-upon November 5, 2024 at 4:50 am
Axis Mutual Fund has updated its SIP terms, introducing a percentage-based top-up option and adjusting the available dates for SIP installments. These changes, effective from November 7, provide investors with greater flexibility in managing their SIP investments.
- Top 10 mutual funds to invest in November 2024on November 5, 2024 at 3:49 am
We have chosen two schemes from five different equity mutual fund categories – aggressive hybrid, large cap, mid cap, small cap and flexi cap schemes – which we believe should be enough for regular mutual fund investors. There are caveats: read till the end to ensure you are picking up the best scheme for you.
- MFs can invest in overseas funds with exposure to Indian securitieson November 5, 2024 at 12:23 am
The move is aimed at facilitating ease of investment, increasing transparency and enabling diversification in overseas investments, Sebi said on Monday. The total exposure by such foreign funds should not be more than 25% of their assets, the regulator said in a circular.
- NFO Alert: Franklin Templeton Mutual Fund launches arbitrage fundon November 4, 2024 at 11:15 am
Franklin Templeton launched Franklin India Arbitrage Fund, an open-ended arbitrage fund. The NFO is open till November 18. The fund aims to generate capital appreciation and income by investing in arbitrage opportunities in the cash and derivative segments.
- Multi asset allocation mutual funds consistently outperform: Ventura Securitieson November 4, 2024 at 10:57 am
Multi-asset allocation funds have outperformed many equity schemes in one, three, and five-year spans. These funds offer diversification, tax benefits, and better risk-adjusted returns. Quant AMC’s multi-asset fund has shown notable performance.
- Bajaj Finserv Consumption Fund, and 5 other mutual fund NFOs to open for subscription this weekon November 4, 2024 at 9:34 am
Around five mutual fund NFOs will open for subscription this week. Franklin India Arbitrage Fund, Mirae Asset Nifty 1D Rate Liquid ETF, Shriram Liquid Fund, and Aditya Birla SL CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund are open for subscription.
- Shriram Liquid Fund NFO opens for subscription. Key things to knowon November 4, 2024 at 8:25 am
- These 4 index funds are open for subscription. Here’s a breakupon November 4, 2024 at 8:19 am
- NPS equity funds offered up to 19% returns in 5 years. Here’s the breakupon November 4, 2024 at 6:58 am
The National Pension System (NPS) offers multiple tax-saving benefits and has delivered strong returns over the past five years.
- Buying house by selling equity shares? Here’s how you can claim tax exemption for LTCG on stocks…on November 5, 2024 at 6:45 am
Save LTCG tax on equity: To finance the down payment for buying a house, many people sell their assets such as equity shares, equity mutual funds, gold, etc. The income tax laws allow taxpayers to claim tax exemption on the long-term capital gains arising from the sale of equity shares and other capital assets.
- How NPS can help you save Rs 55,000 tax in new regimeon November 4, 2024 at 1:00 am
Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.
- Diwali bonus can be taxable in your hands: Know when it is taxed and when it is tax exempton October 30, 2024 at 11:30 am
Diwali Bonus is taxable: Around Diwali, employers usually gift their employees either in cash as a bonus or in kind, such as bed sheets, home decor items, etc. However, not many people are aware of the taxation part of the gifts received by their employer. Read on to know the income tax rules regarding Diwali gifts received from employer.
- Gold taxation: Income tax laws for capital gains on gold have changed, know the new ruleson October 30, 2024 at 1:30 am
New gold taxation rules: Capital gains tax rules on gold have changed from July 23, 2024. However, the new rules are applicable to physical gold and gold jewellery and not to gold mutual funds and gold ETFs. Know the new income tax rules for taxation of gold before buying or investing this Diwali.
- GST return filing time limit soon: No filing to be allowed after 3 years of due date, it’s time to…on October 29, 2024 at 10:49 am
Goods and Services Tax (GST): The GST portal is soon going to implement a change which will essentially make GST returns time barred if three years have passed from the due date of filing it. “The said changes are going to be implemented in the GST portal from early next year (2025). Hence, the taxpayers are advised to reconcile their records and file their GST Returns as soon as possible if not filed till now.”
- How to lower tax burden: Patna-based PSU bank manager can cut tax by Rs 32,261 by tweaking salary…on October 28, 2024 at 1:00 am
Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.
- ITR filing deadline extended to November 15, 2024 for these taxpayerson October 26, 2024 at 10:32 am
Income Tax Return :The ITR filing deadline for those who are liable for tax audit is extended. However experts say that the ITR filing deadline for transfer pricing cases has not yet been extended. Do note that if you want to file ITR then first submit the tax audit report and then only file ITR.
- Updated timeline of income tax notices released by income tax department; Know why and when you may…on October 25, 2024 at 9:42 am
Income Tax Notice: The Income Tax Department has specified when, how and why can you get an income tax notice. A chart has been released by the tax department specifying some of the important sections and time limits about when such a notice can be sent. Read below to find out what the income tax department has said about sending tax notices.
- Home loan interest advantage in new tax regime: You can reduce your income tax by claiming loss but…on October 24, 2024 at 5:45 am
Reduce tax: If you have any ongoing home loan for your house property then you can claim this interest as loss and set off this loss with other incomes. However as per section 115 BAC, set-off of current year house property loss shall not be available against any other head of income under the new tax regime.
- Crorepati income tax return filers soar 5 times in 10 years; check who has to file ITRon October 21, 2024 at 6:42 am
ITR filing: The count of people declaring taxable earnings exceeding Rs 1 crore in their tax filings surged from 44,078 in the assessment year (AY) 2013-14 (financial year 2012-13) to nearly 2.3 lakh in AY2023-24 (FY2022-23), suggesting possibly increased incomes and better adherence to tax regulations.