Impact of having Domestic stock in your Portfolio
The main aim of investing in stocks is to ensure that you are able to meet your future financial goals. The rise in inflation makes it difficult for us to just earn and save some part of our incomes. It is very important to invest your savings to meet the increase in prices due to inflation. The stock market is one of the oldest and most popular investment methods among investors due to its...
Tax Benefit on HRA vs Home loans- FFC EP 2
House Rent Allowance Vs Home Loan Taxpayers would like to know their entitlement to deductions towards the payments for housing accommodation and their entitlement for house rent exemption. Tax Benefit on House Rent AllowanceAn allowance that is provided by an employer to the employee to cover the expenses of the accommodation rent which the employee may incur for his housing...
Golden rules to follow when taking a loan
Are you in need of money? Is there any medical emergency? Do you want to buy your own house? Are you looking forward to fulfilling your goal of having a luxury car? If yes, then you have ample options in the market to take a loan to fulfill your needs. Nowadays, you get a lot of phone calls, SMS, mails that offer you an instant loan. Most of the time, we get lured by hearing the attractive...
What Happens If You Forget To File Your ITR?
Income tax is paid by every individual who earns above INR 2.5 Lakhs per annum. Post the limit of INR 2.5 Lakhs, each and every individual is liable to pay taxes. It’s also everyone’s duty to file Income Tax returns, even if the tax liability is nil. The last date for filing of Income Tax Return for FY 2019-20 is 31st December 2020. Many people think that if they have paid...
Liquid Funds Vs FDs, Which One You Should Go For?
What are Liquid Funds? A liquid fund is a type of mutual fund which invests primarily in money market instruments, like treasury bills, commercial papers, certificate of deposits, and term deposits. They allow investors to park their funds for a few days or months as they have maturities up to 91 days. Liquid funds can be made liquid at any time and earn returns for the...Which ITR form to use for filing returns for AY 2020-21?
When it comes to ITR filing, it gets tricky to choose the income tax return form amidst various options available. Currently, there are seven valid forms to choose from as some of the previous ones have been discontinued or replaced by others. The Income Tax Return forms have to be filled with information regarding the company or individual’s income and tax, which then needs to be...
Tax Planning And The Different Tax Saving Tools.
‘Tax’ a word that brings stress to the taxpayers. It is a compulsory contribution, imposed by the state government on the working crowd. They are taxed according to the income they receive. It can be any income, which includes salary, income from a business, or house property. People get irritated paying tax because, they have worked really hard to earn their money, and from what they get,...
IPO – Mrs. Bectors Food Specialities Ltd
Mrs. Bectors Food Specialities Ltd is one of the leading companies in the premium and mid-premium biscuits segment and the premium bakery segment in North India. They have come up with an IPO which opens on 15th December 2020 and closes on 17th December 2020. Please find below some basic details :- Price band – 286 – 288 per share Bid lot – 50 shares and in multiples of 50...
Daily Market Analysis – 15th Dec 2020
Mrs. Bectors Food IPO opens today The Rs 540-crore initial public offer (IPO) of Mrs. Bectors Food Specialities will open for two days on Tuesday (December 15). Net proceeds of the issue would be utilized for financing the project cost towards the expansion of its Rajpura manufacturing facility by establishing a new production line for biscuits and for general corporate purposes. Are...
