Using SIP & STP for investing & SWP while redeeming…

Timing the market is the most difficult thing to do as no one can really say when the market is bottoming out or hitting the top. Thus the best way to put your money into mutual funds would be in a staggered manner through systematic investment plan (SIP) or through systematic transfer plan (STP) after …

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Market valuations don’t matter in the long term

Equity markets are close to all-time highs and the question is whether markets are currently overvalued or not and if this is a good time to invest. Markets in India tend to move in a 5 year cycle. Market valuations do play an important role in determining returns over the short term to medium term …

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Pradhan Mantri Vaya Vandana Yojana for Senior Citizen

Senior Citizen mostly depends on interest income on their savings for their monthly expenses. In times of declining interest rates when interest rates on bank FDs have fallen to abysmally low levels the Government has come out with some schemes for senior citizens to help then earn a minimum amount of return from their savings. …

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Insolvency Bankruptcy Code

The Insolvency and Bankruptcy Code

There has been a lot of action relating to NPA resolution, a contentious issue for some time now the latest being the Insolvency and Bankruptcy Code (IBC), an Act which helps troubled corporates, partnership firms and individuals in debt to re-organise and opt for insolvency resolution in a time-bound manner to maximize value of its …

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Decoding GST for your business…

Who needs to register for GST? Anyone who sells goods and/or provides services worth more than Rs.20 lakh (Rs.10 lakh for North East states) in a financial year & taxpayers already registered under VAT/service tax must register under GST. Those making inter-state supplies or supplies via e-commerce must mandatorily register irrespective of turnover. How will …

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TDS

How TDS works

TDS stands for ‘Tax Deducted at Source’. TDS has been introduced to collect tax from the source from where an Individual’s income is generated. It is applicable on the various incomes received such as salaries, interest received, commission received etc. Different rates of TDS have been prescribed by the Income Tax Act for different payments …

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Rights home buyers will enjoy under RERA

From 1st May 2017, if you are a home buyer, you will be armed with several new rights specified under the Real Estate (Regulation and Development) Act, 2016 (RERA) such as the follows: 1. The right to obtain information relating to sanctioned plans, layout plans along with the specifications, approved by the competent authority. 2. …

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PAN

How to correct your Aadhaar/PAN details online

The income tax department has launched an online facility to correct errors in names and other details in permanent account number (PAN) and Aadhaar document on its website: https://incometaxindiaefiling.gov.in As seen below on the left hand side the first option facilitates you to link Aadhaar with PAN. To make any changes you need to click …

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