Which option among Growth vs. Dividend Option you need to choose in Mutual Funds to earn higher returns and tax efficiency In mutual fund selection Growth vs. Dividend Option usually take the center stage after you have decided on other factors. Each option brings its share of advantages and disadvantages. Deciding which one to choose depends on […]
Growth vs. Dividend Option: Which one to choose? Read More »
Here is how you can claim tax deductions on the interest paid on home loan and HRA for Self Occupied House Property: Click here to be a part of myMoneySage Elite an exclusive community for the elite and discerning who want to maximise their wealth by leveraging the power of unbiased advice Whenever we talk
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Dial *99# for availing the financial and non-financial banking services like fund transfer, balance enquiry, etc. of Mobile Banking through Immediate Payment Service (IMPS): Immediate Payment Service (IMPS) has been an efficient tool in the direction of inter-bank mobile fund transfer. Under the IMPS umbrella, National Payment Corporation of India (NPCI) has launched numerous products. Fund transfer through IFSC,
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Here is a list of 14 tax free income which will enable you to plan your taxes efficiently: Paying Income tax is one of the liabilities that one cannot avoid. People earn income through various sources, however only few are aware that not all of them are subject to tax. There are certain tax free
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Here is how to obtain a Certified copy of the Sale Deed: Mr. Anuj Awasthi was having an urgent fund requirement, so he decided to sell his property. When the property registration date was around the corner, he realised that the original Sale Deed is missing. He was wondering what would be the impact of this on
Lost your Property Documents/Sale Deed? Here is what you should do Read More »
Procedure to declare Black Money under Pradhan Mantri Garib Kalyan Yojana: To curb the black money, fake currency and apply a break on the terror financing activities, the government of India took the revolutionary step to demonetise Rs. 500 and Rs. 1000 currency notes on November 08, 2016. Since then, there has been a lot
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Gold Jewellery acquired through legitimate/exempted income is Tax-free: Gold in India is not just looked upon from an investment perspective, but it is also looked upon as a symbol of status of an individual/family. Be it a festival or marriage or any other auspicious occasion, people’s zeal of holding the yellow metal has never deterred.
No Tax on Gold Jewellery acquired through legitimate/exempted income Read More »
Importance of Personal Accident Insurance Policy: Accidents can happen to anyone. Every day you are exposed to the danger of being hurt. It could be a road accidents or improper infrastructure at work. And whenever the accident occurs, it has grave implications. Most of the times, it may be permanent physical & financial damage. [MMS_EBOOK] Consider the case of Mr Mehta
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Here’s how the Demonetization of Rs 500 & Rs 1000 notes would affect the Indian economy: As the prime minister puts it “the mahayagna against corruption”, is all set to send ripples across the country. The demonetization is being made to curb black money, fake currency and terror financing in one go. Moreover, there’s a constant
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Benefits of investing in Tax-Free Bonds: Tax-Free Bonds are in huge demand among investors who fall within the upper tax bracket. In a declining interest rate regime, these bonds seem to be a ray of hope for regular income and predictable returns. Tax-free bonds are long-term instruments having an investment tenor of 10, 15 or 20 years. [MMS_EBOOK]
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