The upcoming interim Union Budget on February 1, 2024, would be a vote-on-account before the 2024 general elections. While the finance minister may not make any major announcements, a few measures to provide interim relief to taxpayers, can be expected. One of the most common financial investments that an individual …
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Mumbai: The Securities and Exchange Board of India (Sebi) on Friday proposed to allow domestic mutual funds to invest in overseas mutual funds that invest certain portion of their assets in Indian securities. Currently, there is ambiguity regarding rules on investments in such overseas funds. This deters mutual funds from …
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May 18, 2024, 01:38:33 PM IST Here is a look at 5 banks offering the best rates on 2-year FDs. (Source: Compiled by ETIG; interest rates as on May 16, 2024) ET Online RBL Bank is offering 8% interest rate on 2-year FDs. ET Online IDFC First Bank is offering …
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Tax sops, enhanced benefits, rebates – the list of expectations from the Budget is never ending. The fact that this year we’ll first have the vote-on-account does not change anything for the taxpayer. They are hoping for announcements that will reduce their tax burden. Some common expectations revolve around income …
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Rule 72 is a method used to find the number of years an investment will take to double in value. In other words, this method is easy to calculate how long the invested amount will be doubled at a specific rate. This method provides an accurate measurement. It is more …
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A travel credit card can help frequent travellers save substantially on their travel bookings via direct discounts, co-branded loyalty points, air miles, travel memberships and lounge access. “Many travel credit cards nowadays are co-branded with airlines or popular travel portals like Club Vistara, Air India, Ixigo, EaseMyTrip, etc. which offer …
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New Delhi, 18 May 2024: YES Bank has launched YES Grandeur, a banking program targeted at the emerging affluent section of the society. So, only banking customers with an average monthly balance (AMB) of Rs 5 lakh or a net relationship value (NRV) of Rs 20 lakh will be eligible …
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May 18, 2024, 10:52:26 AM IST The fund house manages assets of Rs 72,405 crore as on April 2024. It manages six mutual fund schemes. Here are the top 10 stock holdings of the fund house, according to the report by Motilal Oswal Mutual Fund. ETMarkets.com The highest holding by …
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May 17, 2024, 05:49:34 PM IST 1/5 How fast can your money grow? When you park your hard-earned money in any instrument, one of the biggest questions you have is: How long will it take for this investment to grow? Getty Images 2/5 Want to double your money? Follow this …
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Tax laws require taxpayers to file income tax returns (ITR) declaring their accurate income to tax. If there is any error or omission in the ITR, tax laws permit a revision of tax return within a specified time without paying any penalty. This is called filing revised ITR. In Budget …
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