Page 349 - Personal Finance

Check Form 26AS, reconcile with Form 16 before you file your tax return

Claiming excess tax credit in your return could trigger a notice from the tax authorities

How much do Indians save in FDs? All India average is Rs 4.25 lakh

Fixed deposits offer a guaranteed rate of interest, which is usually higher than regular savings accounts.

Everything you need to know about ITR refunds for AY 2022-2023

In order to seek tax refund, the assessee has to file ITR in the prescribed form for the relevant assessment year and refund (if any) will be automatically calculated.

Investors can eliminate price-NAV mismatch by opting for index funds

Long-term investors can optimise costs by purchasing ETFs through low-cost brokers

Why balanced advantage funds are back in the reckoning with investors

People moving from fixed-income should use them as a stepping stone into the equity markets

Investing in a retirement home that gives elders care and company

The facility should be designed considering the needs of seniors and be secure for them

3/4 of all Indian households are debt-free, 69% save in banking instruments

The survey covered over 40,000 households, both rural and urban from 25 states.

In charts: India's rural super rich are growing faster than the urban rich

According to PRICE, the category of rich Indians which has seen the fastest growth in numbers in the five years ending 2020-21 has been the 'super rich' - or those more than Rs 2 crore annually.

Income tax return: Cleartax introduces platform for auto filing of ITR-2

The ITR-2 is required for individuals and Hindu undivided families (HUFs) not earning through their business or profession but from capital gains, foreign income or agriculture

Unaffordable and complex: Why Indians stay away from health insurance

The study, titled 'How India Buys Insurance', reveals that high premiums are preventing individuals from obtaining insurance cover, or in some cases, adequate insurance coverage. benefits

GST Council likely to define MUVs and XUVs for levy of 22% cess: Report

The Council is expected to clarify on the issue in its next meeting on July 11, they said

Seniors citizens must disclose all forms of income in ITR to avoid charge

Review forms 26AS and Annual Information Statement to see if you are eligible for refund of TDS

Missed PAN-Aadhaar deadline? All the transactions that you can't do now

According to the rules, failure to link PAN with Aadhaar results in the PAN card becoming inoperative, leading to various limitations and restrictions.

Flipkart offers upto Rs 5 lakh in lending to customers with Axis tie-up

Flipkart's introduction of customer lending services is aimed at boosting sales by providing an additional financing option to customers

Tax harvesting can help you save tax on MF investments but is it worth it?

Tax harvesting is utilising the tax-free window of Rs 1 lakh to reduce overall long term capital gains tax

Report crypto income accurately to avoid mismatch during verification

New tax forms also require accurate reporting of income from intraday trading and retirement benefit accounts

Home sales in NCR touch 10-yr high, flats upwards of Rs 1 cr most in demand

In NCR, Gurugram accounted for a mammoth 82% of the total half yearly launches.

PAN-Aadhar linking: How to check if an individual's PAN is valid or not

There is a possibility that an individual's PAN could be inoperative if they have not linked their PAN with Aadhaar

Despite market volatility, 36% increase crypto allocations: Binance survey

A minority (17.3%) decreased their crypto allocation. Unsurprisingly, the main concerns of survey participants are regulatory risk (29.7%), counterparty risk (21.6%), custody of assets (15.7%)

How does India's $11.1 trillion household savings into equities stack up

Jefferies estimates the structural flows from retail to the equity markets at around $30-35 billion per annum