The growth in the number of demat accounts, an indicator of retail investors taking to financial investments, remained in the slow lane, while jan dhan account openings in banks and
For a longer term, allocating 10-15 per cent share of an equity-heavy investment portfolio to gold reduces risk while increasing returns.
A comparative study by Quantum AMC of different portfolios
With the government reducing interest rates of small savings schemes from April 1 and banks cutting fixed deposit rates, retail investors have limited options left for higher returns.
Relaxing leave travel concession (LTC) rules, the Centre will now reimburse full train fare incurred by its employees on purchase of tickets for their children aged between five and 12
- May05By PTI
Finance minister Arun Jaitley on Thursday warned of action against those passing off income from other sources as agriculture income but ruled out levying any tax on farm earnings.
- May04By PTI
Government is not considering inflation-linked pension for the subscribers of employees' pension scheme (EPS) 1995, run by retirement fund body EPFO, as the value of benefits cannot be left open-ended,
Muthoot Microfin, the microfinance arm of Muthoot Pappachan group, plans to more than double its assets under management in two years as it is entering newer geographies in northern India.
- May03By PTI
The Income Tax Department has brought out a new form making it mandatory for salaried taxpayers to furnish proof of travel for claiming tax deduction on LTA or LTC.
By Joseph Ciolli, Bloomberg
When the going gets rough the 1 per cent start selling.
That’s the finding of a new paper that says people with the highest income bailed from stocks disproportionately
- Apr29By PTI
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