MY MONEY Syndicate content

Farm cess, tax on high value buys from today

Many budget declarations that will pinch the investors will come into effect from Wednesday. While investors will have to put up with a tax on payment in cash for

Idrai, shipping authority differ on hull claims

Amidst environmental concerns about ship owners abandoning stranded vessels in the sea, Irdai has asserted that it was not practical for insurers to settle hull claims only on receiving NoC

Teaching kids about money management

Parents need to teach their children the importance of money management from a young age. It is also important to teach ‘age-appropriate’ money management lessons

4th tranche of Gold Bond scheme to open by June-end

The fourth tranche of Sovereign Gold Bond (SGB) scheme, which has received a lukewarm response so far, will be launched by June-end and trading in these instruments will begin within

MFs can restrict redemptions in market crisis situation

To curb discretionary disclosures and ensure more transparency for investors, Sebi on Tuesday came out with a detailed set of norms on circumstances under which asset management companies can restrict

RBI caps refiners' dollar buying for Iran dues to shield rupee

The Reserve Bank of India (RBI) has capped weekly dollar purchases by oil refiners to pay off their debts to Iran in order to avoid pressure on the rupee, three

Reporting of personal assets

India recently signed the ‘multilateral competent authority agreement on automatic exchange of financial account information. ’ Ninety-four countries have committed to exchange information from 2017 onwards as per agreed global

Sundaram Fin AUM crosses Rs 20k cr

Assets under management of Sundaram Finance crossed Rs 20 000 crore as on March 31 2016. The NBFC registered a 5 per cent rise in net profit

Investor education pays off, SIP accounts double

The Securities and Exchange Board of India’s 2 basis point or 0. 02 per cent allocation from the mutual funds‘ net asset value annually for creating awareness about

Sebi is pushing MFs to merge investment plans

The market regulator Securities and Exchange Board of India (Sebi) is aggressively pushing mutual funds to merge schemes with similar investment themes as part of its efforts to reduce the

  • 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.

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Contents In this section will be updated soon

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William D. Green

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