MY MONEY Syndicate content

Just 1% pay taxes, over 5k paid more than Rs 1-cr

Taxpayers account for just about one per cent of India's population, but tax outgo was over Rs 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the government for assessment year 2012-13.

Govt raises EPF interest rate to 8.8% for 2015-16

In the third roll-back in two months, the government today raised the interest rate on employee provident fund (EPF) contributions to 8.8 per cent for 2015-16 against 8

RBI for treating peer-to-peer lending platforms as NBFCs

The Reserve Bank of India (RBI) on Thursday proposed registering peer-to-peer (P2P) lending platforms as non-banking finance companies (NBFCs) so as to bring them under the purview of its regulations.

Choosing right options for MF investment

There are a lot of benefits that seem to be available when one looks at mutual funds but this does not mean that they are right for you. Every

Irdai bars insurers from inking global reinsurance pacts

The insurance regulatory authority of India has restrained general insurers from combining their reinsurance requirements with their foreign partners and entering into common reinsurance agreements with global reinsurance companies.
The

Gilt funds outperform other debt MFs in Jan-Mar

Gilt funds delivered the highest returns among debt-oriented categories in the January-March quarter on hopes of decline in interest rates, according to Crisil Mutual Fund Ranking.

The category, represented by

Merchant bankers invited for stake sale in OIL, NFL

Government on Thursday invited bids from merchant bankers to assist in its stake sale in three PSUs - OIL, NFL and RCF - which could fetch around Rs 2,260 crore to the exchequer.

Hey, do you want to borrow a private jet?

“Man oh man this is such a hard ride to get. They always restrict this

DBS Bank offers 7% interest rate

Singapore’s largest lender DBS Bank on Tuesday launched ‘digibank’, a mobile only bank, offering 7 per cent interest for accounts opened through it.
The bank is targeting five

  • Payout on Franklin Templeton plan

    FT Capital Protection Oriented plan has announced up to 100 per cent of distributable surplus as dividend.

  • Canara Robeco declares dividend

    Canara Robeco Interval Series 2 has declared up to 100 per cent of distributable surplus as dividend.

  • Payout on HSBC MF plan

    HSBC Mutual Fund has declared up to 100 per cent of distributable surplus as dividend on HSBC Fixed Term Series 30.

  • Dividend on Kotak MF

    Kotak Mutual Fund has announced up to 100 per cent of distributable surplus as dividend on Quarterly Interval Plan Series 8.

  • UTI Mutual Fund declares dividend

    UTI MF has declared up to 100 per cent of surplus as dividend on UTI Quarterly Interval Fund Series IV.

  • Payout on Bharti AXA scheme

    Bharti AXA Mutual Fund has declared dividend on weekly frequency on Bharti AXA ST Income Fund.

Contents In this section will be updated soon
Contents In this section will be updated soon

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

William D. Green

Chairman & CEO, Accenture