by Vidya Kumar | Jan 7, 2013 | Smitha Hari, taxation
Planning for your taxes is an integral part of financial planning. In India, it is noticed that a majority of the salaried class use the most popular Sec 80C deductions and a few other provisions to reduce their tax outflow. Please click here to read on popular tax...
by Vidya Kumar | Jan 4, 2013 | Investment, savings, Smitha Hari, taxation
The Union Budget 2012-13 saw the announcement of a new scheme by the Government called the Rajiv Gandhi Equity Savings Scheme (RGESS), which was introduced with the aim of attracting small investors into the capital market. This scheme was notified by the Finance...
by Vidya Kumar | Nov 24, 2012 | savings, taxation
It’s that time of the year when you have to start submitting your investment proofs to your employer for tax deductions. Most of you may be planning your tax investments over the next couple of months, and we thought it would be a good idea to give a primer on...
by Vidya Kumar | Nov 7, 2012 | Mutual fund, taxation
Last weekend I met two of my friends for dinner, and we were talking about mutual funds. They both had invested in ABC Mutual Fund and were arguing on the NAV of the fund. One claimed that it was Rs. 35, while the other was certain it was Rs. 50. I checked and...
by Vidya Kumar | Nov 4, 2012 | Mutual fund, taxation
Tax planning is an integral part of personal finance. It’s October and people have started thinking about tax planning. Sentiments towards equity markets have also turned positive, and what better time than now to discuss tax saving mutual funds. Equity Linked...
by Vidya Kumar | Oct 26, 2012 | savings, taxation
The Hindu Undivided Family (HUF) is defined as a family consisting of a common ancestor, his lineal male descendants their wives and daughters. A HUF Trust is a separate entity for the purposes of taxation, and hence you stand to get a tax advantage by...
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