Health Insurance (or) Mediclaim insurance is a must-have for all. Considering the rate at which medical costs are rising, it is very important to have sufficient medical insurance coverage. The medical inflation in India is increasing at a significant rate, almost 12% to 15% year on year. Therefore, it is critical to have an adequate […]
How to e-Verify ITR without login to your Income Tax e-Filing Account?
The Income tax department has recently launched a new ‘e-Verify Return’ facility for e-Verification of ITR without login to your e-Filing account. In 2015, the CBDT had come up with e-verification of of ITR through usage of EVC (electronic verification code). Earlier to this, a tax assessee who does not have digital signature had to […]
TATA Capital Finance NCDs Aug 2019 Public Issue : Details & Review
The Reserve Bank of India (RBI) has today (7/Aug/2019) released its third bi-monthly rate review of financial year 2019-20. The key announcement under the policy is the rate cut by 35 basis points (1 bps is 0.01%). This is the fourth consecutive rate cut from RBI , after a rate cut in February, April and June of […]
Latest NPS Income Tax Benefits 2019-20 | Tax Saving through NPS Investment
Besides EPF and PPF, another popular retirement oriented scheme which is gaining popularity among the salaried/self-employed is NPS Scheme. The asset under management (AUM) under NPS stood at around Rs 2.3 lakh crore in 2018. It is estimated that the Government employees contribute about 87% of the Rs. 2.3 lakh crore ($35 billion) overseen by the NPS (National Pension System), […]
What are Mutual Fund Upside / Downside Capture Ratios? | How to use them in MF Performance Analysis?
‘The Stock market index (Sensex/Nifty) has been performing well, but, my Mutual Fund has relatively not been performing well.’ ‘The market has been stable, but, my fund is in deep red.’ We often hear these sentences from mutual fund or equity investors. The ideal scenario where-in every an investor would like to be in is […]
JM Financial Products NCDs Aug-Sep 2019 Public Issue : Details & Review
The Reserve Bank of India (RBI) has recently released its second bi-monthly rate review of financial year 2019-20. The key announcement under the policy is the rate cut by 25 basis points (1 bps is 0.01%). This is the third consecutive rate cut from RBI , after a rate cut in February & April of 2019. In […]