Mutual Fund Expense Ratio in-depth analysis: Every financial product comes up with the certain inherent cost of investment and so does mutual fund investment too. In the recent past, there has been too much noise in the mutual fund industry regarding the Mutual Fund Expense Ratio. Needless to say that there are few questions that …
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What is Retirement Planning and retirement corpus meaning? If we analyse India’s current demographic conditions in 2018, we would find that 41.08% of the total population belongs to 25 to 54 Years age bracket i.e. around 52.65 Crores people and 17.90% of the population belongs to 14 to 24 years age bracket i.e. around 23.94 …
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What is BSBD account? Do you have a Basic Savings Bank Deposit Account? Today I have received an SMS from RBI saying “Don’t you want to keep a minimum balance in your account and won’t have more than four debits in a month? Open BSBD account! Therefore, this message of RBI prompted me to write a …
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Minimum Alternate Tax-Under Section 115JB Minimum Alternate Tax as per Section 115JB of Income Tax Act – As the name itself suggests that if for a company in the previous year the tax payable to the Government falls below a certain limit, the company needs to pay tax on the basis of Minimum Alternate basis …
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Top 5 Best Investment Strategy- Are you aware? In the turmoil market conditions, investors tend to lose their control and make too many mistakes. They usually sell all their investments that are in red which drastically affect their holistic approach towards long term wealth creation and achieving their long or short term dreams. But once …
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Exchange Traded Funds or ETFs The way the mutual fund industry is performing for the last 4 to 5 years, it is very likely that the investors would also like to explore various mutual funds products. This is my belief that the recent growth story of India is not temporary but a perpetual one and …
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Ayushman Bharat Scheme-World’s Top Health Scheme Ayushman Bharat Scheme under the initiative of Pradhan Mantri Jan Arogya Yojana (PM-JAY) has emerged to be the world’s largest health insurance scheme. This Ayushman Bharat Scheme has left no stone unturned to provide for a top class health insurance support to 50 crores people of India, who belong …
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Section 80TTB-Rs.50,000 deduction for Senior Citizens The Union Budget 2018 has introduced section 80TTB of Income Tax to provide for great relief in the form of a deduction from income for the Senior Citizens of India. Since the time has come to file an income tax return for the F.Y 2018-19 and A.Y 2019-20, I …
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