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Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
Most insurance products in the market cover for LASIK surgeries when the refractory error power is => 7.5 dioptre.
The minimum allocation of 65% to equities allows investors in this fund to benefit from Long Term Capital Gains tax of 10%.
Eight Seven per cent of women opt for equity-oriented SIP investments, slightly below men at 89.9%.
he lease amount you pay for a vehicle is eligible for tax relief. Leasing a vehicle could help you save as much as 30% on your taxes. This is applicable for self-employed as well as salaried professio
If you are planning to sell your property, you'll have to pay capital gain tax on the profit earned after considering the inflation and indexed cost of acquisition
There are many health insurance policies in India that now offer OPD coverage as an in-built feature or can be bought as an add-on.
Debt funds offer higher returns in a falling interest rate scenario.
25 percent of the ITR filers are expected to leave the lowest income strata (annual income of up to Rs 5 lakh) by FY47
Ashoka WhiteOak India Opportunities A USD Acc was the top-performing fund among the top 10 largest India-focused offshore funds and ETFs.
India-focused offshore funds and ETFs are some of the prominent investment vehicles through which foreign investors invest in Indian equity markets.
Active funds exclude ETFs, arbitrage and index funds.
he most recent surge in US yields from 3.75% to 4.3% was triggered by the rating downgrade by Fitch and is putting pressure on FPI flows towards India
The coverage under a critical illness plan is available only to those who are not yet diagnosed with cancer.
The sum received in excess of the premiums paid shall be taxed as income from other sources where all exemption related conditions are not met.
There have been no new sustainable fund launches over the past two years.
Among the Top 10 funds, the highest MoM rise was seen in Nippon India Mutual Fund (+6.5%) followed by ICICI Prudential Mutual Fund (+6.4%), HDFC Mutual Fund (+6.3%), DSP Mutual Fund (+5.1%)
While financing might make purchasing a vehicle more reasonable, spending outright cash can get you a better price and eliminate the need for annual payments.
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
Two private banks, ICICI Bank and HDFC Bank, remain among the top holdings of the top five AMCs
Eicher Motors, Hindustan Zinc, Havells India, Mankind Pharma, and Varun Beverages were the most sold in the large cap space.