With every Union Budget, the average tax-payer looks at different amendments in the income tax slab rates or other exemptions and deductions. This year’s budget was no different. Though there was no change in the income tax slab rate (which happened in the last budget), there were various proposals which impact your taxes. Do you know about the revised tax impact of the Union Budget 2018?...
Both ULIPs and mutual funds have many similarities which is why they are often compared against one another. Investors have an unending debate on the benefits of mutual funds over ULIPs and vice versa. Some say mutual funds are better while others say ULIPs are. What do you think? If seen in depth, if you have a longer investment horizon (more than 7 years), some ULIPs gain...
Balancing all one’s expenses, desires and goals comfortably with one’s income seems to have become a never-ending and exhausting task. No matter what one is earning, it never seems to be sufficient to take care of everything. Yet if we look back, we will realise that our parents always seemed to be a lot more relaxed regarding their attitude towards money. Irrespective of their earnings, it...
Fintoo is a premier online platform by India’s leading Financial and Tax Consultancy Firm, Financial Hospital. Fintoodirect makes mutual fund investments easy and effective. This online portal allows individuals to easily invest and track their entire portfolio. A tie-up with 22 leading AMCs (Asset Management Company) ensures that investors don’t have to take a chance with average...
The equity market is on a roller coaster rider following the tax imposition on long term capital gains. Though investors are still reeling from the shock of having to pay tax on their incomes, mutual fund investments hold attraction with many. The potential for return through equity oriented mutual fund schemes is quite high which makes equity mutual funds a top pick for many...