When you sell a long-term capital asset (like stocks or gold, held for more than 24 months), you typically owe capital gains tax. But Section 54F gives you a chance to avoid that tax altogether
Under the new income tax regime in India, several tax-free allowances can be claimed to reduce your taxable income. Here's a breakdown of some key allowances:
For investors who want to follow only the MF route, ICICI Securities recommends 60 percent allocation towards large-cap funds, 20 percent towards mid-and small cap and 20 percent towards thematic
Banks have made a case for lowering fixed deposit (FD) tenure to three years for availing tax benefits, in line with mutual fund products like equity-linked savings scheme (ELSS)
Why should investors invest in ELSS? Is there any down side to investing in ELSS? How should one select the right fund? In this podcast, we discussed how to go go about investing in ELSS funds